Define the following "ratios" by using the appropiate mathematical expression . Give 1 sentence reason for it's use.  P/E ratio  Quick Ratio  Debt Ratio

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity
Section: Chapter Questions
Problem 31GI
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Define the following "ratios" by using the appropiate mathematical expression . Give 1 sentence reason for it's use. 

P/E ratio 

Quick Ratio 

Debt Ratio

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