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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 1 · Set 1 · Q29
Analysis of Financial Statements is useful and significant to different users. Which of the following users is particularly interested in the firm's…
Analysis of Financial Statements is useful and significant to different users. Which of the following users is particularly interested in the firm's ability to meet their claims over a very short period of time ?
___________ ratios are calculated to determine the ability of the business to service its debt in the long run.
Official answer
(a) → (B)
(b) → (C)
Marking-scheme solution
(B)
Trade Payables
OR
(b)
______________________ratios are calculated to determine…..
Ans. (C) Solvency
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.