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Hello i'm James you're watching Accounting  Stuff and today we're covering Financial Ratios   I'll explain what Financial Ratios are  we'll break them down into five main   groups and then I'll show you how to work out 25  Financial Ratios in 25 minutes ambitiousI know   but we've got this! Before we get started I want  to say a big thanks to all my channel members your   support is always appreciated thank you. Financial  statements! Financial Ratio Analysis begins with   Financial Statements accounting reports that  summarize the financial activities and performance   of a business. The three main financial statements  are the Income Statement, the Balance Sheet and the   Cash Flow Statement. However, we can work out most  Financial Ratios using only the Income Statement   and the Balance Sheet. The Income Statement looks  like this. It gives us a summary of a business's   revenues and expenses

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