Question

Consider the following statements.

Statement 1 - "The financial statements of a business enterprise include funds flow statement."

Statement 2 - "The financial statements of a bµsiness enterprise include funds flow statement and cash flow statements."

पर्याय

• Only statement 1 is correct

• Only statement 2 is correct

• Both the statements are correct

• None of these

Answer 1

Both the statements are correct.

Explanation:

Comparative statements, common size statements, trend analysis, ratio analysis, funds flow analysis, and cash flow analysis are all common financial analysis tools.