Question
Which analysis involves the comparison between the
current and historical financial performance and the evaluation of developing trends.Solution
When the ratios of the same firm over a period of time are compared, it is known as the time series analysis (or trend analysis). Such an analysis gives an indication of the direction of change or developing trends and reflects whether a firm’s financial performance has improved, deteriorated, or remained constant over a period of time.
Which of the following statement is incorrect?
Which one of the following is a deferred tax asset?
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Statement 2: Cash ma...
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As per the Companies Act, 2013, the financial statements of a company include:
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Statement-1: The carrying amount for long-term inves...
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