Financial ratios are measures calculated from the figures in a company’s financial statements, used to assess liquidity, profitability, and overall financial condition. They are prepared from the information the statements report, including the statement of cash flows.
What it covers
The course provides the student with additional accounting principles, with the emphasis on recording accounts payable and receivable, long term assets, current and long term liabilities, corporate and partnership accounting.
The catalog states: “Students will learn to prepare a statement of cash flows and use the information to prepare financial ratios.”
Which program covers it
In InterCoast Colleges’ Associate of Applied Science Degree — Business Administration program, financial ratios is covered in the course BUS206, Accounting II.
The Associate of Applied Science Degree — Business Administration outline lists BUS206 Accounting II at 45 clock hours (45 lecture, 0 laboratory) and 3 semester credits.
Prerequisites for BUS206: “Completion of CA112 or equivalent”.
Financial ratios sit alongside financial accounting, business law, and computer applications in the Associate of Applied Science Degree — Business Administration.
This topic is covered in the Associate of Applied Science Degree — Business Administration program at InterCoast Colleges.