Define the trend analysis, Managerial Accounting

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Define the trend analysis

Response to the following questions:

1. What is trend analysis? Can it be used for ratios? For absolute figures?

2. Suppose you are comparing two firms within an industry. One is large and the other is small. Will relative or absolute numbers be of more value in each case? What kinds of statistics can help evaluate relative size?

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Managerial Accounting: Define the trend analysis

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Managerial Accounting: Define the trend analysis

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