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What is the objective of long-term analysis of financial statements?
  • a)
    To assess the long-term financial stability and solvency of a business.
  • b)
    To determine the short-term liquidity and stability of a business.
  • c)
    To compare financial statements of different firms.
  • d)
    To know whether the concern will be able to earn a minimum amount in the short run.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is the objective of long-term analysis of financial statements?a)...
The objective of long-term analysis of financial statements is to assess the long-term financial stability, solvency, and profitability of a business. It helps in understanding whether the concern will be able to earn a minimum amount in the long run to maintain a reasonable rate of return on investment and support the growth and development of the business.
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What is the objective of long-term analysis of financial statements?a)To assess the long-term financial stability and solvency of a business.b)To determine the short-term liquidity and stability of a business.c)To compare financial statements of different firms.d)To know whether the concern will be able to earn a minimum amount in the short run.Correct answer is option 'A'. Can you explain this answer?
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What is the objective of long-term analysis of financial statements?a)To assess the long-term financial stability and solvency of a business.b)To determine the short-term liquidity and stability of a business.c)To compare financial statements of different firms.d)To know whether the concern will be able to earn a minimum amount in the short run.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the objective of long-term analysis of financial statements?a)To assess the long-term financial stability and solvency of a business.b)To determine the short-term liquidity and stability of a business.c)To compare financial statements of different firms.d)To know whether the concern will be able to earn a minimum amount in the short run.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the objective of long-term analysis of financial statements?a)To assess the long-term financial stability and solvency of a business.b)To determine the short-term liquidity and stability of a business.c)To compare financial statements of different firms.d)To know whether the concern will be able to earn a minimum amount in the short run.Correct answer is option 'A'. Can you explain this answer?.
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