What kind of diagram can be used to represent net profit and net loss of a company for a period of 5 years?
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financial graph and charts
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BAR DIAGRAMS, PIE CHARTS are commonly used to represent net profit and net loss of a company for a period of 5 years.
Explanation:
There is a lot of emphasis today on the exceptional presentation of data. This is all because data is easy to interpret at just a glance when presented diagrammatically. In such a case, you can use the data as bar diagrams, pie charts, etc. We need to learn how to represent diagrammatically through
A Cluster Bar Chart is often the first type of chart to try when showing financial data from a Profit & Loss statement. This type of chart lets you see the relationship between revenue and cost items for a year, but it's difficult to compare trends over time.
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