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Question

Non current assets in 31.3.2016 is 21,30,000 and in 31.3.2017 is 36,30,000. What is the absolute change and percentage change?

A

Comparative statements

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B

Common size statements

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C

Cash flow statements

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D

None of these

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Solution

The correct option is B

Common size statements


The absolute change is (Rs 36,30,000 - Rs 21,30,000 ) i.e. increase of Rs 15,00,000
and percentage change is (15,00,000/21,30,000) * 100 i.e. 70.42 %


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