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Who can analyses the financial statements to assess whether it can presently afford a wage increase or not? -

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Question

Who can analyses the financial statements to assess whether it can presently afford a wage increase or not?

Options

  • Labour unions

  • Investors

  • Lenders

  • Trade creditors

MCQ

Solution

Labour unions

Explanation:

Labour unions examine financial data to determine whether they can currently afford a pay increase and whether they can absorb it by increasing productivity or raising pricing.

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Significance of Analysis of Financial Statements
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