Comparative Financial Statements: It is used in making inter-period and inter-firm comparisons. They highlight the trends in performance, efficiency and financial position of a firm.
Comparative income statement: It analyze the operational efficiency and profitability of the business
Comparative Balance sheet: Trend of some items, group of items in two or more balance sheets of the same business on different dates. Company will form various policies for progress.
The Financial slack is unused capacity for debt and is equivalent to the unutilized cash that a company has on hand. This extra money is available to help a company survive difficult times, such as decrease in sales, revenues or profits
Impact of Russia-Ukraine war on India’s International Trade
|
Month |
Growth rate of Exports in
2021 |
Growth rate of Imports in 2021 |
Growth rate of Exports in 2022 |
Growth rate of Imports in 2022 |
|
February |
-0.39 |
7.5 |
34.45 |
37.18 |
|
March |
64.06 |
55.38 |
26.43 |
29.02 |
|
April |
202.27 |
169.49 |
29.19 |
30.95 |
|
May |
67.82 |
69.88 |
20.96 |
62.99 |
|
June |
47.47 |
97.43 |
30.41 |
57.57 |
