Question 1:
Describe the various methods used for the analysis and interpretation of the financial statements.
Question 2:
What do you mean by comparative statements? What is their utility?
Question 3:
What do you mean by the term common-size statements? Illustrate the purpose do they serve?
Question 4:
How common-size statements are distinct from comparative statements?
Question 5:
Differentiate between fund flow and cash flow statements. What are the benefits of making cash flow statements?
Question 6:
Describe the various formats for making a cash flow statement. How this statement can be employed as a tool for the planning and control?