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Explain what horizontal analysis and trend analysis are

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Reference no: EM132521843

Managers look at the financial statement to see how well a company is doing, but the account balances alone do not tell managers enough. Horizontal and trend analyses are commonly used by managers to help assess the company's financial strengths and weaknesses.

Question 1: Explain what horizontal analysis and trend analysis are, how the numbers are used, and some of the advantages and disadvantages.

Reference no: EM132521843

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