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
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