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प्रश्न
Which of the following statements is not true?
विकल्प
Notes and schedules also form part of financial statements.
The tools of financial statement analysis include common-size statement
Trend analysis refers to the study of movement of figures for one years
The common-size statements show the relationship of various items with some common base, expressed as percentage of the common base.
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उत्तर
Trend analysis refers to the study of movement of figures for one years
APPEARS IN
संबंधित प्रश्न
Give one word/term/phrase for the following statement.
An asset which can be converted into cash immediately.
State the significance of Analysis of Financial Statements to the ‘Lenders’.
State whether following statement is true or false :
Analysis of financial statement is a tool but not a remedy.
Select the appropriate answer from the alternatives given below & rewrite the completed statement
Cash proceeds from issue of debentures is _______________.
The Common Size Statement requires _________.
Give one word/term/phrase for the following statement.
The statement showing financial position for different periods of previous year and current year.
State true or false with reason.
Dividend paid is not a source of fund
State true or false with reason.
Ratio analysis measures profitability efficiency and financial soundness of the business.
The term fund’ refers to
Convert following Trading Account and Profit and Loss Account into Vertical Income Statement:
| Dr. | Trading, Profit and Loss Account for the year ended as on 31st March,2020 |
Cr. | |
| Particulars | Amount ₹ | Particulars | Amount ₹ |
| To Opening stock | 20,000 | By Sales | 1,20,000 |
| To Purchases | 90,000 | By Closing Stock | 30,000 |
| To Carriage inward | 500 | ||
| To Wages | 10,000 | ||
| To Gross Profit c/d | 29,500 | ||
| Total | 1,50,000 | Total | 1,50,000 |
| To Office expenses | 12,500 | By Gross Profit b/d | 29,500 |
| To Selling expenses | 10,000 | ||
| To Finance expenses | 3,000 | ||
| To Net Profit c/d | 4,000 | ||
| 29,500 | 29,500 | ||
