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How can you utilize financial ratios in your personal finances? Why are they important?

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This assignment has 3 parts.

  1. How can you utilize financial ratios in your personal finances? Why are they important?
  2. Why is it important for banking institutions to understand the different financial ratios? How could this impact you as a customer?
  3. Why is it important for investors to understand the different financial ratios? How could this impact you as a customer?
 
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