Introduction to Mortgage Origination Examinations Training

Internal Use Only

Content - Style & Grammar

Current ratio (current assets/current liabilities) is stated as a decimal number (compared to one), not in percent. Example: • The company’s current ratio is 1.35 (not 135%). The “to one” part of the ratio is understood and does not need to be stated.

Ratios

59

Internal Use Only

Content - Style & Grammar

Place periods and commas inside quotation marks. Use an ellipsis as needed. An ellipsis is the omission of words from a quote represented by three periods (…).

Punctuation & Quotes

60