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Which of the following best describes trend analysis? a) calculating key ratios to evaluate performance b) expressing each financial statement amount as a percentage of a budgeted amount c) comparing a company's financial statements with that of other companies d) expressing each year's financial statement amounts as a percentage of the base year amounts.

Respuesta :

Answer:

d - expressing each year's financial statement amounts as a percentage of the base year amounts.

Explanation:

Trend analysis is a method that attempts to predict future data using past trend data. Trend analysis is based on the belief that the past would repeat itself in the future.

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