Financial Statement Analysis can be used for assessment of past performance only.
A) false
B) true
C) either true or false
D) only true
Correct Answer:
Verified
Q14: Determine Working capital turnover ratio if, Current
Q15: The ratio analysis is helpful to management
Q16: Profit for the objective of calculating a
Q17: If sales is Rs 5,00,000 & net
Q18: General profitability ratios are based on
A)Investment
B)Sales
C)A &
Q20: Ratio analysis is an important means of
Q21: Ratio analysis helps in investment decision.
A)true
B)false
C)may be
Q22: Liquid Ratio is also known as 2:1
Q23: Current ratio indicates the solvency position of
Q24: An ideal Liquid ratio is considered as
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