Commerce Exam > Commerce Notes > Accountancy Class 12 > Important Questions - Financial Statement Analysis
Important Questions - Financial Statement Analysis | Accountancy Class 12 - Commerce PDF Download
Important Questions
Q1. State the limitations of financial statement analysis?
(2)
Q2. Give the headings under which the following items will be shown in a company's Balance Sheet
(a) Cash in hand
(b) Land
(c) Sundry Debtors
(e) Capital Redemption Reserve
(d) Debentures
(f) Loose Tools
(3)
Q3. The following credit balances were extracted from the books of Rama Ltd. on 31st March, 2013:
(2)
Share Capital (40,000 shares of ~ 10 each fully paid) 4,00,000
Draw up the 'liabilty' side of the Balance Sheet according to the requirements of the Companies Act, 2013. Also prepare Notes
Q4. The following debit balances were extracted from the books of Shruti Ltd. as on 31st March, 2013:
(3)
Draw up the 'Assets' side of the Balance Sheet according to the requirements of the Companies Act, 2013. Also prepare Notes
Q5. Prepare a statement for showing the percentage changes in the performance of Lakha ltd.
(4)
Q6. From the following information, prepare comparative statements:
(4)
Q7. What is financial statement analysis and name the different tools of financial statement analysis?
(2)
Q8. Prepare Comparative and common size Balance Sheet from the following information:
(6)
Q9. Mudra Ltd. is in the process of preparing its Balance Sheet as per Schedule III, Part I of the Companies Act, 2013 and provides its true and fair view of the financial position.
a) Under which head and sub-head will the company show ‘Stores and Spares’ in its Balance Sheet?
b) What is the accounting treatment of ‘Stores and Spares’ when the Company will calculate its Inventory Turnover Ratio?
c) The management of Mudra Ltd. want to analyse its Financial Statements. State any two objectives of such analysis.
d) Identify the value being followed by Mudra Ltd.
(4)
The document Important Questions - Financial Statement Analysis | Accountancy Class 12 - Commerce is a part of the Commerce Course Accountancy Class 12.
All you need of Commerce at this link: Commerce
|
47 videos|178 docs|56 tests
|
FAQs on Important Questions - Financial Statement Analysis - Accountancy Class 12 - Commerce
| 1. What is financial statement analysis in commerce? |  |
Ans. Financial statement analysis in commerce refers to the process of examining and evaluating a company's financial statements to gain insights into its financial performance, stability, and profitability. It involves analyzing key financial ratios, trends, and patterns to understand the company's financial health and make informed business decisions.
| 2. Why is financial statement analysis important in commerce? | |
Ans. Financial statement analysis is crucial in commerce as it helps stakeholders, such as investors, creditors, and management, to assess the financial position and performance of a company. It provides valuable information about the company's profitability, liquidity, solvency, and operational efficiency, which aids in decision-making, investment evaluation, and risk assessment.
| 3. What are the key financial statements analyzed in commerce? | |
Ans. The key financial statements analyzed in commerce include the income statement, balance sheet, and cash flow statement. The income statement shows the company's revenues, expenses, and net income over a specific period. The balance sheet provides a snapshot of the company's assets, liabilities, and shareholders' equity at a given point in time. The cash flow statement depicts the company's cash inflows and outflows during a particular period.
| 4. What are the common financial ratios used in financial statement analysis? | |
Ans. Common financial ratios used in financial statement analysis include profitability ratios (e.g., gross profit margin, net profit margin), liquidity ratios (e.g., current ratio, quick ratio), solvency ratios (e.g., debt-to-equity ratio, interest coverage ratio), and efficiency ratios (e.g., inventory turnover ratio, accounts receivable turnover ratio). These ratios help assess the company's profitability, liquidity, leverage, and operational efficiency.
| 5. How can financial statement analysis be applied in making investment decisions? | |
Ans. Financial statement analysis plays a crucial role in making investment decisions. By analyzing a company's financial statements, investors can assess its financial stability, growth potential, and profitability. They can identify trends, compare the company's performance with industry peers, and evaluate the company's ability to generate returns. This analysis helps investors make informed investment decisions and allocate their capital effectively.
Related Exams
About this Document
|
4K Views |
|
4.92/5 Rating |
|
Nov 15, 2024 Last updated |
Document Description: Important Questions - Financial Statement Analysis for Commerce 2024 is part of Accountancy Class 12 preparation.
The notes and questions for Important Questions - Financial Statement Analysis have been prepared according to the Commerce exam syllabus. Information about Important Questions - Financial Statement Analysis covers topics
like and Important Questions - Financial Statement Analysis Example, for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Important Questions - Financial Statement Analysis.
Introduction of Important Questions - Financial Statement Analysis in English is available as part of our Accountancy Class 12
for Commerce & Important Questions - Financial Statement Analysis in Hindi for Accountancy Class 12 course.
Download more important topics related with notes, lectures and mock test series for Commerce
Exam by signing up for free. Commerce: Important Questions - Financial Statement Analysis | Accountancy Class 12 - Commerce
Description
Full syllabus notes, lecture & questions for Important Questions - Financial Statement Analysis | Accountancy Class 12 - Commerce - Commerce | Plus excerises question with solution to help you revise complete syllabus for Accountancy Class 12 | Best notes, free PDF download
Information about Important Questions - Financial Statement Analysis
In this doc you can find the meaning of Important Questions - Financial Statement Analysis defined & explained in the simplest way possible. Besides explaining types of
Important Questions - Financial Statement Analysis theory, EduRev gives you an ample number of questions to practice Important Questions - Financial Statement Analysis tests, examples and also practice Commerce
tests
|
Explore Courses for Commerce exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Extra Questions
,Semester Notes
,Free
,Sample Paper
,Previous Year Questions with Solutions
,practice quizzes
,mock tests for examination
,Important Questions - Financial Statement Analysis | Accountancy Class 12 - Commerce
,Important questions
,Important Questions - Financial Statement Analysis | Accountancy Class 12 - Commerce
,study material
,past year papers
,video lectures
,ppt
,shortcuts and tricks
,Summary
,Viva Questions
,MCQs
,Exam
,Important Questions - Financial Statement Analysis | Accountancy Class 12 - Commerce
,Objective type Questions
;
Additional Information about Important Questions - Financial Statement Analysis for Commerce Preparation
Important Questions - Financial Statement Analysis Free PDF Download
The Important Questions - Financial Statement Analysis is an invaluable resource that delves deep into the core of the Commerce exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the Important Questions - Financial Statement Analysis now and kickstart your journey towards success in the Commerce exam.
Importance of Important Questions - Financial Statement Analysis
The importance of Important Questions - Financial Statement Analysis cannot be overstated, especially for Commerce aspirants.
This document holds the key to success in the Commerce exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
Important Questions - Financial Statement Analysis Notes
Important Questions - Financial Statement Analysis Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to Important Questions - Financial Statement Analysis.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, Important Questions - Financial Statement Analysis Notes on EduRev are your ultimate resource for success.
Important Questions - Financial Statement Analysis Commerce
The "Important Questions - Financial Statement Analysis Commerce Questions" guide is a valuable resource for all aspiring students preparing for the
Commerce exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study Important Questions - Financial Statement Analysis on the App
Students of Commerce can study Important Questions - Financial Statement Analysis alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Important Questions - Financial Statement Analysis,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Important Questions - Financial Statement Analysis is prepared as per the latest Commerce syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup