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I want to do ratio analysis of 2014 for a company. But my collected financial statements are like 2015-2014 & 2013-2014?

I want to do ratio analysis of for a company. But my collected financial statements are like & .Which one i will choose for doing financial ratio for the year ?

if possible give me differences between them.

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Question added by Mrinmoy Saha Antor
Date Posted: 2016/11/26
Cynthia Fombo  ACCA
by Cynthia Fombo ACCA , Senior Accountant , British Integrated Group of Co

From my uderstanding, I think the finanacials for 2013-2014 is afctually the financial statement of 2014 with 2013 comparative figures and that of 2015 -2014 is the financial  statement for 2015 with 2014 comparative figures too.

The most appropriate one to use for 2014 analysis should be financial statements of 2013- 2014 because it is likely to contain more details for 2014 and not just comparative figures.

Mushkbar Fatima
by Mushkbar Fatima , Taxation and Account Officer , Revenue Advisory Service

I just need 2013 to 2014 to do the ratio analysis of 2014 for a company

Micheal Keshinro
by Micheal Keshinro , SENIOR ACCOUNT OFFICER , MEDVIEW AIRLINES PLC

i will use my finiancial statement for 2014 to compare that of 2013 and 2015 to know the finiancial capacity of the company and know the growth rate.

ENESTICIO  ANONUEVO
by ENESTICIO ANONUEVO , Project Accountant , FF CRUZ CO., INC

properly comparing a balance sheet with the corresponding profit and loss account to determine the strengths and weaknesses of a business

abeer hararah
by abeer hararah , Financial Analyst , Kuwait Stock Exchange

I will use the 2015-2014 statement will give more updating for the financial statement

Aslam Khan
by Aslam Khan , Senior Accounts Officer , Pakistan Software Export Board

Use your closing year as a benchmark

CA Bhavin Raithatha
by CA Bhavin Raithatha , Life Insurance Corporation of Indi

Use relevant Quarters results from both financial years results to do this.

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