Q:
      
      
         
            
Ratio analysis can be useful for
         
       
      
      
      
          
      
      
          Answer & Explanation
         Answer: A) Evaluate financial performance of a company         
         
Explanation: Ratio analysis helps us to evaluate various aspects of a company's operating and financial performance such as its efficiency, liquidity, profitability and solvency. The trend of these ratios over time can be used to check whether they are improving or deteriorating.
       
      
      
      
          View Answer
          Report Error
          Discuss