In this lesson, you learned the following:
Ratios illustrate the relationship between elements of the Income Statement and Balance Sheet. They are important measures --- or snapshots --- for evaluating financial statements.
Mathematically speaking, ratios are expressed as fractions and are calculated using division.
DuPont Analysis is a way to examine a company's financial performance by analyzing ROS, ROA, and ROE.
Before you move on, take a moment to consider how this lesson relates to your job.