IGNOU MNRE 16 2018 - State the objectives of financial analysis.

Question

State the objectives of financial analysis.

16 Feb 2018

Answer :

Word Count : 335

Objectives of Financial Statement A nalysis

The main objective of financial statement analysis is to provide information about the financial position, performance and changes in financial position of a company that is useful to a wide range of users in making economic decisions. By examining the past and current financial data, investors can evaluate a company’s performance and financial position as well as assessing risks. Financial statement analysis yields valuable information about tren ds and relationships, the

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