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Ratios compare financial data among companies or within a single company. They reflect accounting transactions and conditions of a company. To further explore ratios and their effect on transactions and finances, please complete the following:
Exercise 3-6, " Normal Account Balances," on page 139; Exercise 3-14, " Journal Entries," on page 141; and Problem 3-2, " Transaction Analysis and Financial Statements," on page 142. ACG 2021 Week 5 Team Work
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