Question

10. Discuss important tools of Financial Statement Analysis
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Answer 1

Answer:

here is your answer...

Explanation:

Several techniques are commonly used as part of financial statement analysis. Three of the most important techniques include horizontal analysis, vertical analysis, and ratio analysis. Horizontal analysis compares data horizontally, by analyzing values of line items across two or more years.

Answer 2

Answer:

Here is your answer mate

Explanation:

Financial statement analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity.

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