Comparative financial statements are reports that show financial amounts placed side by side in columns on a single statement for analysis purposes.
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Q22: Vertical analysis is the comparison of a
Q25: Horizontal analysis is the comparison of a
Q29: Vertical analysis is used to reveal patterns
Q35: The percent change is computed by subtracting
Q37: General standards of comparisons include the 2:1
Q38: A good financial report does not link
Q44: Trend analysis of financial statement items can
Q45: An advantage of common-size statements is that
Q46: Analysis of a single financial number is
Q53: A trend percent, or index number, is
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