Which is the following is tool of Financial statements analysis
1 - comaparitive statment
2- common size statement
3- cash flow statment 4- all of these.
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Answer:
all of these is the answer
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A comparative statement, Common size statement & cash flow statement are a tool of financial statement analysis.
Financial statements consist of complete information regarding assets, liabilities, equity, reserves, expenses, and profit and loss of an enterprise. Comparative statements, common-size Statements are commonly used tools to analyze & interpret the financial Statement.
list of financial statement tools are : -
1- comparative statement
2- common size statement
3- cash flow statement
4- trend analysis
5- Ratio analysis
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