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Steps involved in ratio analysis
The following are the four steps involved in the ratio analysis:
1) selection of relevant data from the financial statement depending upon the objective of the analysis
2) calculation of appropriate ratios from the above data
3) Comparison of the calculation ratio with the ratios of the same firm in the past or the ratios developed from projected financial statement or the ratios of some other firms or the comparison with ratio of the industry to which the firm belongs.
4) Interpretation of the ratios.
INVENTORY CONTROL The activities of a business during a financial year combine investment projects in progress with new projects commencing and others terminate within the year
Transfer Pricing Methods Transfer pricing methods are concerned with the alternative means by which a transfer price can be set and its impact on organizations gauged. Emmanuel
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