Important Points for IC 26 - Life Insurance Finance Exam
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Ratios are used for making comparison with results in previous years or with other companies.
A ratio determined using at least one financial variable can be called a financial ratio.
The inability to pay short term liabilities affects the credibility as well as credit rating of the organization.
The current ratio can give an idea of the efficiency of a company's operating cycle or its ability to turn its products into cash.
Univariate helps to find out the predictive ability of an individual.
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