Which among the following are the commonly used analytical tools for financial statement analysis?(A) Horizontal analysis(B) Vertical analysis(C) Ratio analysis(D) Trend analysisChoose the correct answer from the options given below:
- A(A), (B) and (D) only
- B(A), (B) and (C) only
- C(A), (B), (C) and (D)
- D(B), (C) and (D) only
Solution & Step-by-step Explanation
Financial analysis relies on multiple comparative and mathematical measures, including:Horizontal Analysis (Comparative Statements)Vertical Analysis (Common-Size Statements)Ratio AnalysisTrend Analysis percentagesHence, all four items ((A), (B), (C), and (D)) are widely recognized financial tools.