Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R.
Assertion A: Ratio analysis is one of the tools employed to know the financial health of a concern.
Reason R: Ratio analysis is not the only technique available to take investment decision.
In the light of the above statements, choose the correct answer from the options given below:
1
Both A and R are true and R is the correct explanation of A.
2
Both A and R are true but R is NOT the correct explanation of A.
3
A is true but R is false.
4
A is false but R is true.