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Corporate Accounting, Financial Statement Analysis Of 3 Publishers
Pages 3 (753 words)
Topic: Corporate Accounting, Financial Statement Analysis of 3 Publishers Name: Class: Course: Instructor’s Name: Date: There is need to measure performance of the company; performance appraisal is a concept that has recently gained popularity among many managers.
Ratio analysis helps the management in formulate financial plans and polices that the company should undertake in order improve its performance. In addition ratio analysis allow comparison of data from companies that are similar and also allow a firm to compare it financial performance with the industry, ratio analysis also allows the company data to be measured against companies that have sound financial condition (Wood & Sangster, 2005). A ratio analysis of the industry can be illustrated as below. ...
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