Question types

Tools for Financial Analysis: Comparative Statements question types

39 questions across 3 question groups — pick any mix to generate a Accountancy paper with step-by-step answer keys.

39
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3
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5
Question types
Sample Questions

Tools for Financial Analysis: Comparative Statements questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Jai Ltd. is into the business of shoe manufacturing. On the occasion of its silver jubilee, it decided to distribute 1,000 shoes free of cost to the students belonging to economically weaker section of the society. Following is the Comparative Statement of Profit & Loss of the Company:
You are required to:
  1. Fill in the missing figures in the Comparative Statment of Profit & Loss.
  2. Identif y the values involved.
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The motto of Yash Ltd., an advertising company is 'Service With Dignity'. Its management and work force is hard-working, honest and motivated. The net profit of the company doubled during the year ended 31.3.2014. Encouraged by its perf onnance company decided to give one month extra salary to all its employees. Following is the Comparative Statement of Profit and Loss of the company for the years ended 31st March 2013 and 2014.
  1. Calculate Net Profit Ratio for the years ending 31st March, 2013 and 2014.
  2. Identify any two values which Y ash Ltd. is trying to propagate.
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