Examveda
Examveda

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

D. A is wrong but R is true

Answer: Option C


This Question Belongs to Commerce >> Accounting

Join The Discussion

Related Questions on Accounting