Which of the following BEST describes trend analysis?
A)Showing each figure as a percentage of some other amount,such as total assets
B)Showing each year's figures as a percentage of amounts for a base year
C)Comparing a company's financial figures with other companies that are leaders
D)Calculating key ratios to evaluate performance

Question

Quizplus · Accepted Answer

Trend analysis involves comparing a company's financial figures over time, and one way to do this is by showing each year's figures as a percentage of the amounts for a base year. This method is useful for identifying trends and changes in performance over time.

Which of the Following BEST Describes Trend Analysis