In the MarchApril issue we published an article by Colin Paterson of British Home Stores in which he examined the use of ratios in financial analysis and questioned to what degree these ratios are meaningful. His article has prompted this followup by Ralph Towsey, who suggests that some of these ratios can have an important significance within the retail management function as operational control information.
Retail and Distribution Management – Emerald Publishing
Published: Apr 1, 1974
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