Business Analysis Corporations are in business to make a profit and compete in the ever-changing economy. Challenges are inherent when the consumers are in economic turmoil and businesses suffer. “Financial advisors rely on ratio tools to assess a firm’s financial condition, using calculations and financial ratios developed from the firm’s financial statements” (Nickels, McHugh, and McHugh, 2010, Chapter 17, Understanding Accounting and Financial Information). Financial ratios are especially useful…
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