Page 180 - CAPE Financial Services Syllabus Macmillan_Neat
P. 180
-8-
3. (a) List THREE limitations of ratio analysis. DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
[3 marks]
(b) Explain THREE ways in which financial statement analysis is important to both management
and investors (and or creditors).
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
..............................................................................................................................................
[6 marks]
02269020/CAPE/SPEC 2016 GO ON TO THE NEXT PAGE
‘‘*’’Barcode Area”*”
Sequential Bar Code
