introduction to accounting
London School of Science and Technology
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Class notes Introduction to Accounting (POA)
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---62augustus 20222021/2022
- The usefulness and importance of ratio analysis 
• The advantages and disadvantages of ratio analysis 
• Able to calculate some basic accounting ratios 
• Apply those ratios in interpreting a set of accounts 
• How liquidity measures can be influenced by the inventory cost flow 
assumption used.
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