A ratio calculated in the analysis of financial statements shows the percentage increase from one year to another. restates all items on a financial statement in terms of dollars of the same purchasing power. expresses a mathematical relationship between two numbers. is meaningful only if the numerator is greater than the denominator.

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Answer:

expresses a mathematical relationship between two numbers

Step-by-step explanation:

A ratio is a quantitative relationship between the two numbers. Here quantitative means the number of the quantity which is counted. It represents the relation between the one number to the other number

Just take an example

The numerator is 6 and the denominator is 3

So the ratio would be 2:1

Hence, the third option is correct

They express the mathematical relationship between 2 numbers

What is a mathematical relationship ?

A relationship between the two sets of collected ordered pairs that have one object from each set.  Such as the object of X in the first and the object Y in the second set. These objects are then related in x, y pairs. This forms a function.

As the ratio is a quantitative relationship. The quantitative means the number of the quantity which is counted. It represents the relation between the one number to the other number As a numerator of 6 and the denominator of 3. Thus the ratio could be 2:1 Hence the option C is correct.

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