Question : Net Profit Ratio of X Ltd. with that of Y Ltd., Z Ltd. and industry standards for the year 2019-20:
|
XLtd. |
YLtd. |
ZLtd. |
Industry |
|
10% |
11% |
12% |
14% |
Above table indicates that Net Profit Ratio of X Ltd. is less than that of Y Ltd., Z Ltd. are the example of _________.
Option 1: Time Series Analysis
Option 2: Trend Analysis
Option 3: Cross-sectional Analysis
Option 4: None of the above
Answer (1)
23rd Jan, 2024
Correct Answer: Cross-sectional Analysis
Solution : Answer = Cross-sectional Analysis.
Cross-sectional analysis is a type of analysis that compares a company to its competitors. It's often used in the finance industry to assess a company's performance.
Hence, the correct option is 3.
Comments (0)
