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From financial statement analysis the creditors are specially interested to know ___________. - Book Keeping and Accountancy

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Question

From financial statement analysis the creditors are specially interested to know _______.

Options

  • Liquidity

  • Profits

  • Sale

  • Share Capital

MCQ
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Solution

From financial statement analysis, the creditors are specially interested to know Liquidity.

Explanation: 

The analysis of financial statements helps creditors in assessing the short-term liquidity position of a business. Such analysis helps them in judging the firm’s ability to repay the debts and interest obligations timely. Analysis of financial statements helps creditors in gaining insight about the solvency and profitability of business concerns and, thereby, its liquidity position.

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Chapter 9: Analysis of Financial Statements - Exercise 9.1 (Objective Questions) [Page 375]

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Balbharati Book-Keeping and Accountancy [English] Standard 12 Maharashtra State Board
Chapter 9 Analysis of Financial Statements
Exercise 9.1 (Objective Questions) | Q A. 9. | Page 375
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