Question : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): The limitations of financial statements also form the limitations of the ratio analysis.

Reason (R): Since the

Question : Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) :

Assertion (A): In case of shares issued on Pro-rata basis, excess money received at the time of application can be utilised till allotment only.

Reason (R):

Question :  Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternatives given below:

Assertion (A): Interest Coverage Ratio expresses the relationship between profits available for payment of interest and the amount of