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State whether each of the following statements is True (T) or False (F) i. Financial statements are an important source of information to shareholders, management

State whether each of the following statements is True (T) or False (F)

i. Financial statements are an important source of information to shareholders, management and stakeholders.

ii. Ratio Analysis provides the solution to the financial problems of a company

iii. Liquidity Ratios help in analysing the cash position of a firm

iv. Debt-Equity Ratio is a measure of long-term solvency of a company

v. DU PONT Analysis looks into the elements of profits.

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