Question

Which accounting ratio is specifically required for a life insurance company to analyze the growth in life funds during the current financial year compared to the previous year?

a.

Return on Investment Ratio

b.

Current Ratio

c.

Debt-Equity Ratio

d.

Growth in life funds ratio

Answer: (d).Growth in life funds ratio Explanation:The accounting ratio specifically required for a life insurance company to analyze the growth in life funds during the current financial year compared to the previous year is the Growth in life funds ratio.

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Q. Which accounting ratio is specifically required for a life insurance company to analyze the growth in life funds during the current financial year compared to the previous year?

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