It is used to have an in depth examination of the strength and potential pitfalls of the
organization. Ratio analysis helps to compare current performance with the past and also in
measuring effectiveness and efficiency of the organization in the light of norms of performances.
They help the management in the discharge of its key functions such as forecasting, planning, cocoordinating,
controlling and communicating. Ratio analysis technique now a days one of the most
comprehensive and widely used methods in almost all the organizations.
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