Question

Mention analytical tools that help utilize financial information during decision making. Give example where you could...

Mention analytical tools that help utilize financial information during decision making. Give example where you could utilize your learning of comparative balance sheets, trend analysis, sensitivity analysis, etc. at your workplace.
0 0
Add a comment Improve this question Transcribed image text
Answer #1

analytical tools that can be utilized inclue comparative statements , commmon size statements , cashflow statements , fund flow statements , ratio analysis , trends ,avaerages , sensitivity analysis ,workig capital statments etc.

ratio analysis can be sued to measure liquidity ,profitablity, solvency and effiency.comprati.e statements can be used to comapre the current year's performance with previous year or years. common size statement is ideal when an item of expenditure or income is to be compared to a common denominator.sensitivity analysis can be used when there are multiple scenarios corresponding to a single decision

Add a comment
Know the answer?
Add Answer to:
Mention analytical tools that help utilize financial information during decision making. Give example where you could...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT