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This provides you information about how To judge the way a company is shifting. The economic statements are supplied for a specific time frame and submitted on a certain date. The cash flow assertion provde the effects to the running and non running durations though the harmony sheet presents the economical status on the conclusion of a monetary phrase. Given that administrators are eager to comprehend if the company is progressing in a positive or unfavorable my company way, there has to be a comparison amongst the figures of the prevailing year and previous a long time. To enable you to make this kind of comparison, a comparative Examination of monetary statements is needed.

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