Advertisements
Advertisements
प्रश्न
Consider the following statements.
Statement 1 - "Common size statements and financial ratios are the two tools employed in vertical analysis."
Statement 2 - "Common size statements are also as a component percentage statement
पर्याय
Only statement 1 is correct
Only statement 2 is correct
Both the statements are correct
None of these
MCQ
उत्तर
Both the statements are correct
Explanation:
Component percentage statements, also known as common size statements, are a financial tool for analyzing major changes and trends in a company's financial situation and operational results. Each item in the statement is expressed as a percentage of the total, which includes that thing. Vertical analysis is another name for this type of analysis.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
