会计专业英语（杨晓华）Task 11.pptVIP

Mini Case: A ratio by itself may have no meaning. Hence, a given ratio is compared to: 1. ratios from previous years; or 2. ratios of other firms in the same industry. If the differences in the ratios are significant, more in-depth analysis must be done. Task Introduction: Financial ratios provide a second method for standardizing the financial information on the income statement and balance sheet. After learning the contents of financial statements in last task, here in the following task, the knowledge of kinds of financial ratios will be introduced. 11.1 Liquidity Ratio Liquidity rati