Question No: 18 ( Marks: 1 ) - Please choose one
Which of the following reasons justifies the need for Financial Statement Analysis ?
► It improves capital budgeting process of the company
► It helps improve future planning [doubted]
► It helps improve accounting policies of the company
► It helps improve purchasing polices of the company
answer requiredOn Sun, Feb 13, 2011 at 6:01 PM, ~ ~!!! Honey G !!!~ ~ <abdulhaiee2004@gmail.com> wrote:
Correct This MCQ.....Which of the following statements is TRUE regarding Profitability Index?a. It ignores time value of moneyb. It ignores return on investmentc. It ignores future cash flowsd. It ignores the scale of investmentLike IRR it is a percentage and therefore ignores the scale of investment
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