The value of long term borrowings as on 31 March 2023

Comparative statements are the form of:

The following steps are to be followed to prepare the comparative statements in the prescribed sequence.

(A) Find out the change in absolute figures by subtracting the first year from the second year and indicate the change as increase (+) or decrease (–)

(B) Rearrange the given items

(C) Calculate the percentage change

(D) List out absolute figures in rupees relating to two points of time

Choose the correct answer from the options given below.

Choose the correct statements -

(A) The financial statements of a business enterprise include cash flow statements.

(B) Common size statements and financial ratios are the two tools employed in vertical analysis.

(C) Financial analysis helps an analyst to arrive at a decision.

(D) Comparative statements are the form of vertical analysis.

Choose the correct answer from the options given below:

Rearrange the following items in a sequence while preparing common size statement.

(A) Calculate percentage of the total as per common base

(B) Prepare the format of Balance sheet and Profit and Loss A/c

(C) List out absolute figures in rupees at two points of time

(D) Choose a common base

Choose the correct answer from the options given below :

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

Which of the following indicate limitation of Financial analysis: