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.
Required:
Explain what horizontal analysis and trend analysis are and how amounts are used in their calculations.What are the steps in preparing horizontal and trend analysis?

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The Answer of 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.
Required:
Explain what horizontal analysis and trend analysis are and how amounts are used in their calculations.What are the steps in preparing horizontal and trend analysis?

Managers Look at the Financial Statement to See How Well