In trend percentage the base year is ----------------------------

Related MCQs

• Trend analysis is significant for
• Study of the trend of the same items of two or more balance sheets
• Common size Income Statement present the various items as a percentage of ----------------
• Under ------------------------ each item of expenses taken as a percentage on net sales
• Expressed as a percentage of each asset to total
• Horizontal Analysis shows the comparison of data for several years against a chosen ---------------- year.
• When ratios are calculated from the financial statements of one year, it is known as ---------------------
• The asset, the amount of which can be realized within a period of one year are known as ----------------
• Goodwill written off is-----------to the net profit made during the year for calculating the cash from operation