Describe the significance of financial ratio analysis. In what ways are ratios used for financial analysis? What are the limitations it is subject to? What do you mean by ownership ratio? Discuss its...

Describe the significance of financial ratio analysis. In what ways are ratios used for financial analysis? What are the limitations it is subject to?

What do you mean by ownership ratio? Discuss its various forms. Is the debt-equity ratio a good measure of a firm’s solvency?