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State the Importance of financial analysis …

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State the Importance of financial analysis for labour unions.

Posted by Princy Jetawat 6 years, 1 month ago

CBSE > Class 12 > Accountancy

3 answers

Lovely Dhawan 6 years, 1 month ago

To assess that whether the Enterprise can increase their pay, n thorugh this they are able to know that how much increase in thier wages is possible and also for giving bonus

Yogita Ingle 6 years, 1 month ago

Labour unions analyze the financial statements:
a) To assess whether an enterprise can increase their pay.
b) To check whether an enterprise can increase productivity or raise the prices of products/ services to absorb a wage increase.

Reyansh Sharma 6 years, 1 month ago

It helps in determining the current financial position and upcoming financial requirement.

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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CBSE > Class 12 > Accountancy

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