• In order to Lenders: Information given throughout the economic comments is tall towards bankers to assess if there was adequate defense to afford number of your loan or overdraft.
• In order to Authorities: Financial statements is significant towards the authorities to assess brand new income tax liability away from team inquiries and also to figure and you can amend commercial regulations.
• To Personnel: From the monetary comments, the staff is assess the ability of your own team to spend salaries and you can if they have coming growth in the new concern.

1. To research success and earning skill.
2. To review the long run and you can short-term solvency of your own company.
3. To find the overall performance into the procedures and use out of possessions.
4. To search for the overall performance out-of administration and you may staff.
5. To determine the trend when you look at the conversion process and you will development, etc.
6. So you can anticipate for future years and you can prepare finances.
7. To make inter-enterprise and you will intra – corporation contrasting.

Question 4. On following harmony piece extracts, compute development payment, and you may discuss this new liquidity position off X ltd. You can capture 1990 since the legs seasons.

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Samacheer Kalvi twelfth Accountancy Balances Text book Back Questions and you will Solutions

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