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Commerce · Q525

Accounting

Graduate and Post Graduate · Commerce · question 525

Q525

Consider the following statements- Statement (A): Ratio analysis is an important tool to gain knowledge about the financial soundness of a company. Reason (R): Ratio analysis is the only for an indicator to decide whether to invest or not in a company. Give the correct answer:

A.
Both A and R are correct and R is the correct explanation of A
B.
Both A and R are correct and R is not the correct explanation of A
C.
A is correct but R is wrong
Answer
D.
A is wrong but R is true

Answer: Option C

Solution

Answer: Option C
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