Give one word/term/phrase for the following statement.

1) The statement showing profitability of two different periods
Ans: Comparative Income Statement.

2) The ratio measures the relationship between Gross Profit and Net Sales.
Ans: Gross Profit Ratio

3) Critical evaluation of financial statements to measure profitability.
Ans: Analysis of Financial Statement

4) A particular mathematical number showing relationship between two accounting figures.
Ans: Ratio

5) An asset which can be converted into cash immediately
Ans: Liquid Asset

6) The ratio measuring the relationship between net profit and ownership capital employed.
Ans: ROCE

7) The statement showing financial position for different periods of previous year and current year.
Ans: Comparative Balance Sheet

8) Statement showing changes in cash and cash equivalent during a particular period.
Ans: Cash Flow Statement

9) Activity related to acquisition of long term assets and investment.
Ans: Financing Activities

10) The ratio that establishes relationship between Quick Assets and Current Liabilities
Ans: Liquid Ratio