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Financial analysis
The purpose of financial statements is to provide information to all the users of these accounts to assist them in their decision-making. It has to be concerned that most users will only have access to published financial statements.
Interpretation and analysis of financial statements involves identifying the users of accounts, examining the information, analysing as well as reporting in a format which will give information for economic decision-making.
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Current Assets:- Stock of Raw-Materials :- [(Cost of yearly consumption Of raw material)*{ (Average Inventory holding period (weeks/months))}/(52 weeks / 12 months)]=
Norfolk Ltd is specialized in producing & selling air conditions. In 2010, the manufacturing cost per unit included:
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Swap Market: The fall of Bretton Wood system in early 1970s weakened of the pound. It was imperative to stop the downward slide of the pound. In order to control the flow of fo
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