हिंदी

Consider the following statements. Statement 1 - "Ratio analysis establishes relationship between two financial statements." Statement 2 - "Ratio analysis is a tool of financial analysis -

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प्रश्न

Consider the following statements.

Statement 1 - "Ratio analysis establishes relationship between two financial statements."

Statement 2 - "Ratio analysis is a tool of financial analysis

विकल्प

  • Only statement 1 is correct 

  • Only statement 2 is correct 

  • Both the statements are correct

  • None of the above

MCQ

उत्तर

Both the statements are correct

Explanation:

Ratio analysis is a financial analysis tool that entails the ways of calculating and evaluating financial ratios in order to determine the strengths and weaknesses of a company's performance.

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Tools of Analysis of Financial Statements
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