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What financial statements and financial ratios can be used to quantify the financial health of a...

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Finance

What financial statements and financial ratios can beused to quantify the financial health of a firm. How might thisinformation be useful to individuals outside of the accountingworld?  Please include examples to support your posting.

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Financial statements that are used to understand the financial health of the firm are Balance sheet Profit and loss account Income statement and Cash flow statement These statements give the picture about the    See Answer
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What financial statements and financial ratios can beused to quantify the financial health of a firm. How might thisinformation be useful to individuals outside of the accountingworld?  Please include examples to support your posting.

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