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What else can I help you with?
One reason that a common-size statement is a useful tool in financial analysis is that it enables the user to?
make a better comparison of two companies of different sizes in the same industry
Who is responsible for periodic financial statement analysis?
accountat for responsible for periodic financial statement analysis?
What is the Other term for vertical analysis?
The other term for vertical analysis is "common-size analysis." This method expresses each item in a financial statement as a percentage of a base figure, allowing for easy comparison across different periods or companies. It is commonly used in both income statements and balance sheets to assess relative size and financial structure.
Why do you say that financial statement analysis is management by exception?
why is financial statement analysis part of business analysis? Please answer this question, I'll need it this answer!
What ratio or other financial statement analysis technique will you adopt for analysis of liquidity of a firm?
What ratio or other financial statement analysis technique will you adopt for this.
What includes the horizontal analysis of comparative statement?
In Horizontal analysis of statements companies tries to compare its financial statements with competitors to see that how well or bad they have performed.
What do you understand by analysis and interpretation of financial statement?
Analysis of financial statement means using the data in the financial statements to perform further calculations and analysis, like ratio analysis, trend analysis, industry comparison, horizontal and vertical analysis, etc. Analysis is useful to understand historical transactions and also to estimate future prospects. Interpretation of financial statement is basically is drawing meaningful conclusions and judgment based on the results of basic or detailed analysis. Example: Profitability analysis shows that the company has made profit for the last 5 years consistently. Interpretation of this analysis will lead to the conclusion that the probability of the company produce profits in next year is high.
What is the nature and scope of financial statement analysis?
Financial statements are means through which companies present their financial situation to shareholders, creditors and general public. Analysis of financial statement means finding out the current position of the company through various tools like ratio analysis, fund flow analysis. It also involves comparing the company fiqures with regard to industry standards or over a period of time.
How do you make financial statement analysis?
stoling
Hoe does the concept of consistency aid in the analysis of financial statement?
How does the concept of consistency aid in the analysis of financial statements? What type of accounting disclosure is required if this concept is not applied?
Why do creditors use financial statement analysis?
Creditors use finanical statement analysis because it makes it easier for them.
In horizontal analysis each item is expressed as a percentage of the?
In horizontal analysis, each item is expressed as a percentage of the
