problem 1:

Describe the various methods used for the analysis and interpretation of the financial statements.

problem 2:

What do you mean by comparative statements? What is their utility?

problem 3:

What do you mean by the term common-size statements? Illustrate the purpose do they serve?

problem 4:

How common-size statements are distinct from comparative statements?

problem 5:

Differentiate between fund flow and cash flow statements. What are the benefits of making cash flow statements?

problem 6:

Describe the various formats for making a cash flow statement. How this statement can be employed as a tool for the planning and control?