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Analysis of Financial Statements — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyAnalysis of Financial Statements1 Mark
Question
Critical evaluation of financial statement to measure profitability.
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Answer

Analysis of Financial Statement

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The tool for analysis of financial statement where individual figures of Balance Sheet are converted into a percentage.
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Reduction in the value of fixed assets due to its continuous use.
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