Practicing Success
Practicing Success
CUET Preparation Today
| Analysis of Financial Statements is significant for whom? |
For Creditors For Managers For Employees All of the Above |
| All of the Above |
| Financial analysis is the process of identifying the financial strengths and weaknesses of the firm by properly establishing relationships between the various items of the balance sheet and the statement of profit and loss. Financial analysis can be undertaken by management of the firm, or by parties outside the firm, viz., owners, trade creditors, lenders, investors, labour unions, analysts and others |
