Financial and Management Accounting

1: Assertion (A). Performance ratios show where we are going. Reason (R). Balance sheet ratios show where we stand.
A.
Both A and R are true and R is the correct explanation of A.
B.
Both A and R are true but R is not a correct explanation of A. 
C.

A is true but R is false

D.

A is false but R is true.

 

Answer : B

Explanation :

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Option: A

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