Final answer:
Ratio analysis is the process of comparing financial numbers in different forms - like fractions or percentages - to make business decisions.
Step-by-step explanation:
Comparing financial numbers in order to make decisions is referred to as d. ratio analysis. Ratio analysis involves the comparison of various financial metrics in the form of ratios to evaluate the performance, stability, and profitability of a business.
Ratios can be expressed in various forms such as fractions, decimals, or percentages, and are invaluable tools for financial analysis and decision-making. Moreover, ratios facilitate the comparison of information over different periods or between different companies within the same industry.