ABSTRACT
Ratios present the relationship of one thing to another. Because ratios provide a mechanism for measuring and comparing, they are essential for evaluating a store’s operations. To make ratios meaningful, you will need to track them from month to month and year to year. Compare them not only against each other, but also with figures from other stores. The latest MSA Retail Industry Report will provide the most current information about other stores, by gross sales and type. Discussed here are some of the most common ratios.
