Question

Critical evaluation of financial statement to measure profitability. Answer in a word / phrase / term.

Answer 1

HEY MATE ✌️✌️


Critical evaluation of financial statement to measure profitability.

ANSWER ⏬⏬⏬⏬


ANALYSING

Answer 2

Critical evaluation of financial statement to measure profitability is known as financial statement analysis.

* Financial statement including income statement and balance sheet requires analysis in order to come to a conclusion regarding the operations of the business.

* It helps to determine the profit or loss incurred by the business firm.

* It also helps in decision making for further progress.