INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following financial analysis methods is used to show the relationship of each component to the total within a single financial statement:
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Fundamental analysis
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Horizontal analysis
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Industry analysis
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Vertical analysis
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Explanation:
Detailed explanation-1: -Vertical analysis is used to show the relationship of each component to the total within a single statement.
Detailed explanation-2: -Ratio analysis is used to evaluate relationships among financial statement items.
Detailed explanation-3: -Ratio analysis expresses the relationship among selected items of financial statement data. Measure short-term ability of the company to pay its maturing obligations and to meet unexpected needs for cash. Measure the income or operating success of a company for a given period of time.
There is 1 question to complete.