Accountancy, asked by sujitsingh6256, 7 months ago

Explain the usefulness of trend percentages in interpretation of financial performance of a company.

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Answered by adya127344

1

Answer:

The Trend Analysis presents each financial item in percentage terms for each year. These Trend Analyses not only help the accounting users to assess the financial performance of the business but also assist them to form an opinion about various tendencies and predict the future trend of the business.

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