Which of these are not the method of financial statement analysis
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Answer:
statement of profit and loss
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Answer:
Statement of Profit and Loss is not the method of financial statement analysis
Explanation:
- The profit or loss statement is not one of the four possibilities included in the question statement since it is essentially a financial statement also known as the income statement. It essentially summarises the expenses and income that have been incurred during a predetermined time period.
- The last three methods are essential instruments for analyzing financial statements.
- The three most commonly practiced methods of financial analysis are – horizontal analysis, vertical analysis, and ratio and trend analysis.
key elements of financial analysis:
- Revenues. Revenues are probably your business's main source of cash. ...Profits. ...
- Operational Efficiency. ...
- Capital Efficiency and Solvency. ...
- Liquidity.
hence Statement of Profit and Loss is not the method of financial statement analysis
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