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प्रश्न
State whether the following is True or False:
Ratio analysis is a tool for analysing the financial statements of any enterprise
सत्य या असत्य
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उत्तर
This statement is true.
Explanation:
Ratio analysis is a technique for analysing an enterprise’s financial statements by computing and interpreting relationships between financial statement items to assess liquidity, profitability, efficiency and solvency, thus serving as a tool to analyse the financial statements of any enterprise.
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