“…The higher the better Rating -Positive (efficient) or Negative (inefficient) Ergul, 2010;Dimitropoulos and Tsagkanos, 2012;Sendy et al, 2014;Omondi-Ochieng, 2018a, 2018b2018c Note: The three ratios have been selected based on their suitability to NNSOs Source: Own elaboration The advantages of FTA include (Hill, 2012;Iba and Aranha, 2012;Morris, 2013;Omondi-Ochieng, 2018c;Pickens, 1986;Raughley and Lloyd, 1999;Wong and Venkatraman, 2015): ease in illustration using visual histograms, line graphs, pie charts, bar graphs and/ or pictograms among, enabling understanding and comparisons of one or many organizations; assistance in strategic managerial decision-making especially when revealing strengths, weaknesses and/or fraudulent dealings; flexibility in measuring and predicting various financial performances over time; robustness -FTA can be replicated, checked, updated and refined when necessary; and readily accepted due to its widespread use.…”