Assignment Papers- Discuss the importance of ratio analysis
1. Discuss the importance of ratio analysis
2. Calculate 6 ratios for both the company and one of its competitors for 2 years each (24 total ratios).
3. Select 4 industry average ratios to compare the company for the previous year.
4. For each of the ratios explain what the ratio may indicate about the company (compared to the previous year) and why the company may have done better or worse that its competitor.
