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(Gitman, 2007)
Profitability ratio- measures enable the analyst to evaluate the firms profits with respect to a given level of sales a certain level of assets or owners investment. (Gitman, 2007)
Market ratio-related a firms market value as measured by it's current share price to certain accounting values.
The financial ratios are used by debt issuers, business insiders, and stock pickers. Ratios measure many aspects of the business but are not used in isolation from the statements.
Financial ratios are considered an essential part of the financial statement. The results of a ratio give ascend to the question why...
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