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Question : ------------------involves the comparison of a firm’s ratios with that of some selected firms in the same industry or industry average at the same point of time. Such a comparison is helpful in assessing the relative financial position and performance of the firm.

Option 1: Time – series analysis 

 

Option 2: Cross-sectional analysis 

Option 3: Ratio 

 

Option 4: None of the above 


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Cross-sectional analysis


Solution : Answer = Cross-sectional analysis

Cross-sectional analysis compares a firm's ratios with those of selected firms in the same industry or industry averages at a specific time. It aids in evaluating the firm's financial position and performance relative to its industry peers, providing insights into its competitiveness and efficiency.
Hence, the correct option is 2.

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