Practice Types Of Financial Statement Analysis (3.4) - Financial Statement Analysis – ICSE Class 12
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Types of Financial Statement Analysis

Practice - Types of Financial Statement Analysis

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What is vertical analysis?

💡 Hint: Think about how bases help us compare components.

Question 2 Easy

Define horizontal analysis.

💡 Hint: Focus on the timeline when considering financial data.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does vertical analysis allow analysts to evaluate?

Profitability
Proportional relation of line items
Sales figures

💡 Hint: Remember how components relate to the whole.

Question 2

True or False: Horizontal analysis utilizes only current financial statements.

True
False

💡 Hint: Think about how trends are evaluated over time.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Analyze the following financial data for the last three years: Year 1 Sales: ₹100,000, Year 2 Sales: ₹120,000, Year 3 Sales: ₹150,000. What trend do you see? How would you present this in a report?

💡 Hint: Identify the growth rates and express them clearly.

Challenge 2 Hard

A company reports a current ratio of 1.5 and a quick ratio of 1.2. What can you conclude about the company’s liquidity? How does this affect their short-term financial health?

💡 Hint: Consider how liquidity ratios reflect the company’s ability to pay short-term liabilities.

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