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CA Final Analysis of Financial Statements — practice questions — page 3

Explore 61 free Analysis of Financial Statements questions in CA Final Financialreporting. Open each question or exercise to read its content, reference answers and available explanation.

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Analysis of Financial Statements questions and exercises with answers

Showing questions 61–61 of 61.

Sales rose from Rs 8,00,000 to Rs 10,00,000. A horizontal analysis shows what percentage increase?Read the answer and worked solution →

Worked practice questions

Sales rose from Rs 8,00,000 to Rs 10,00,000. A horizontal analysis shows what percentage increase?

  1. 20%
  2. 80%
  3. 25%
  4. 2%
Show answer and solution

Correct answer: C. 25%

The rise of 2,00,000 over the base of 8,00,000 is 25 percent.

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More Financialreporting topics

Ind AS 116 LeasesInd AS 36 Impairment of Assets and Ind AS 38 Intangible AssetsInd AS 24 Related Party Disclosures and Ind AS 108 Operating SegmentsInd AS 1 Presentation of Financial StatementsInd AS 12 Income TaxesInd AS 113 Fair Value MeasurementInd AS 109 Financial InstrumentsInd AS 23 Borrowing Costs and Ind AS 40 Investment Property