2. Discuss the steps of performing trend analysis on the financial statements of any company. Download the Balance sheet of any company of your interest from the open sources. Perform the comparative analysis of that Balance sheet and discuss your findings. Hint attempt: to choose a company from open source- type the name of the company in the web page. Download the annual report as available, latest. Identify the relevant data, and then perform comparative analysis of Balance Sheet of the company.
Answers
Answer:
Wolf. You value your close friends, but also really like being on your own sometimes. People often look up to you, and thus you are good at handling a lot of responsibility. You have been described as "aloof" and "mysterious," but it's not a vibe you're actively trying to give off.
Explanation:
Answer:
Trend analysis of the statement of affairs.
Explanation:
- financial statements are the end products of the accounting process.
- They provide information about the profitability and the financial position of a business.
- Financial statements are related to the past period and hence are historical in nature.
- They record the items which can be expressed in terms of money.
- Financial statements show profitability through statement of profit and loss & financial position through the balance sheet,
THE BALANCE SHEET OF THE COMPANY INVOLVES:
LIABILITY SIDE:
- Shareholders fund
a] share capital
b] reserve & surplus
- share application money pending allotment
- Noncurrent liabilities
a] long-term borrowings
b] long-term provisions
c] deferred tax liabilities
- Current liabilities
a] BP
b] trade payables
c] short-term borrowings & provisions
II ASSETS SIDE:
- Noncurrent assets
a] fixed asset
b] noncurrent investment
c] long-term loans and advances
- Current assets
a] BR
b] current investments
c] Inventories
d] cash
E] short-term loans & advances
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