Question : What will an examination and analysis of the financial statement show?
A: The financial position
B: The profitability
Option 1: A only
Option 2: B only
Option 3: Both of the above
Option 4: None of the above
Answer (1)
23rd Jan, 2024
Correct Answer: Both of the above
Solution :
Determine the importance and meaning of the financial statement data through analysis and interpretation in order to anticipate future earnings, the capacity to make interest payments, the maturities of short-term and long-term debt, and profitability.
Hene 3 is the correct answer.
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