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Unformatted text preview: 1. liquidity ratios are useful for short term creditors 2.Efficiency (turnover ratios) are more important for management then other users 3. long term solvency and stability ratios are more useful for lenders who provides finance on long term basis 4. profitability and return ratios are important for investors and internal users 5. shareholder equity ratios are more useful for investors as investors are always interested to know what they will get from their investments . Apart from financial information the perfomance of the compnay may be evaluated by the following three indicators according to balance scorcard approach are: a. Customer satisfaction b. Process c. Growth/learning...
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This note was uploaded on 11/21/2011 for the course ACC 280 280 taught by Professor Lindaking during the Spring '10 term at University of Phoenix.
- Spring '10