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Pick up the correct statement from the following:

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1. 

 Pick up the correct statement  from the following :

[A]. The financial ratio summarises some aspect of the firm's financial condition at the time of preparing a balance sheet.
[B]. Both the numerator and denominator of financial ratios come directly from the balance sheet.
[C]. Income statement ratios compare one 'flow' item from the income statement to another flow item from the income statement.
[D]. Income statement ratios compare a flow item from the income statement to another flow item form the income statement
[E]. All of these

Answer: Option E

Explanation:

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