Answer to Question #248946 in Finance for krishna

Question #248946

Discuss the steps of performing trend analysis on the financial statements of any company.

Download the Balance sheet of any company of your interest from the open sources. Perform the comparative analysis of that Balance sheet and discuss your findings.


1
Expert's answer
2021-10-10T16:31:25-0400

A few strategies are regularly utilized as a feature of financial statement analysis. Three of the main procedures incorporate horizontal, vertical and ratio analysis. Horizontal analysis looks at information evenly, by investigating upsides of details across at least two years. Vertical analysis takes a gander at the upward impacts details have on different pieces of the business and furthermore the business' extents. Ratio analysis utilizes significant proportion measurements to ascertain factual connections.


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