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You are required to read the financial statements of “Nishat Mills Ltd.”; which are available on the following link
Note: Thorough reading and understanding, answers the required questions.
1. What is the purpose of conducting the horizontal and vertical analyses? (10)
2. Conduct horizontal and vertical analyses of the Balance Sheet of Nishat Mills Ltd. for the years 2015, 2016 and 2017. (30)
3. Interpret the results of horizontal and vertical analyses and suggest the improvement (if required) on the basis of your analyses.
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