Financial Statements

Analysis

Easy

While preparing common-size Balance sheet, each item of Balance sheet is expressed as % of

Non-current assets

Current assets

Non-current liabilities

Total assets or total liability

✅ Correct Option: 4

In a common-size Balance Sheet, every item (asset, liability, or equity) is expressed as a percentage of total assets (which equals total liabilities). This enables comparison across periods and firms of different sizes.

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:

2025: 29 May Shift 2

The analysis of financial statements does not serve the purposes of

2025: 14 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Comparative Statements	(I) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.
(B) Common Size Statements	(II) It is a technique of studying the operational results and financial position over a series of years.
(C) Trend Analysis	(III) These are the statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item.
(D) Ratio Analysis	(IV) These are the statements showing the profitability and financial position of a firm for different periods of time.

Choose the correct answer from the options given below:

2025: 15 May Shift 2

What is the percentage change in share capital

2022: 15 July Shift 2

The term Financial Analysis includes

2025: 15 May Shift 1

From the following details, calculate net profit before tax:

Net Profit after tax is Rs. 50,000;

15% Long-term debt 12,00,000;

Tax rate 20%.

While preparing common-size Balance sheet, each item of Balance sheet is expressed as % of

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