When the concept of ratio is defined in respect to the item shown in the financial statements, it is termed as
A) accounting ratio
B) financial ratio
C) costing ratio
D) none of the above
Correct Answer:
Verified
Q4: In common size income statement analysis, which
Q5: Comparative statement analysis sheet is _.
A)vertical analysis
B)horizontal
Q6: Financial statements are meaningful and useful only
Q7: Vertical analysis is made on the basis
Q8: Horizontal analysis is done by analyzing _.
A)quarterly
Q10: The relationship between two financial variables can
Q11: Stock is considered as a liquid asset
Q12: Return on properties funds is also known
Q13: What will be the Gross Profit if
Q14: Which of the following is not included
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