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Analysis of Financial Statements — Accountancy STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceAccountancyAnalysis of Financial Statements4 Marks
Question
Convert the following income statement into Common Size Statement and interpret the changes in 2005 in the light of the conditions in 2004.
✓

Answer


Comment: Company has reduced its cost and expenses which has resulted in increase in income from operations and net profit.

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