Financial Statements

Analysis

Easy

The comparative financial statements show:

absolute figures in rupee

increase and decrease in absolute figures

absolute data in percentage

all of the above

✅ Correct Option: 4

A comparative financial statement typically presents, for each item, the absolute figures of two or more years, the absolute change (increase/decrease), and the percentage change. Hence it shows all three: rupee figures, absolute changes, and percentage changes.

2022: 20 Aug Shift 2

In common size statement, if revenue from operations are Rs. 23,00,000 and other incomes are Rs. 3,00,000, then the percentage of 'Total Revenue from Operations' to 'Revenue from operations' will be:

2022: 8 Aug Shift 2

The main objective of common size statement of profit and loss is:

2026: 29 May Shift 1

Which of the following is not a limitation of financial analysis?

2025: 29 May Shift 2

Net Profit after tax Rs. 60,000; 10% Long-term debt Rs.10,00,000; and Tax rate 40%. The net profit before interest and tax is:

2026: 23 May Shift 2

Which of the following is not a tool of financial statement analysis?

2022: 8 Aug Shift 2

Horizontal analysis is known as:

The comparative financial statements show:

Solution

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