The management of Elite Limited is struggling to understand changes in their financial performance and the trends emerging within their accounting data. Hence, the company would like to know about the different basis they can consider to comparatively analyse their financial performance.

Required:

Given your experience in this area, explain THREE different approaches that Elite limited can employ in evaluating its performance internally and externally with their peers.

Answer rating: 100% (QA)

As a financial analyst I would recommend the following three approaches for Elite Limited to comparatively analyze their financial performance both in... View the full answer