CONCLUSION:
Economic analysis of the company's activity plays a vital role in the company's management, it. It is a critical issue for every company because effective management decisions require information about its performance in the previous period to predict its potential financial opportunities for future periods.
The performance and competitiveness of any company depend on skills, experience and ability to make the right decisions.
And each of the decisions concerning the company's operation may improve or worsen its economic or financial situation.
Therefore, every company needs to know its profitability.
Research hypothesis - analysis of financial ratios is an integral part of the company's management, which helps assess its financial position, the efficiency of its use of resources and allows making decisions.
During the elaboration of the study paper, the author researched the essence, goal and tasks of financial analysis, as well as evaluated financial methods and techniques.
During the elaboration of the work, the author defined that financial analysis is the analysis of economic performance, a process based on the study of the company's financial position and data of previous operating periods to assess the conditions and future performance.
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