Question: For which company can trend analysis be most useful? Explain. A software company whose business model and accounting practices have remained stable over time A

For which company can trend analysis be most useful? Explain.

A software company whose business model and accounting practices have remained stable over time
A banking company that recently changed its accounting practices, but not its business model
A retail company that recently changed its accounting practices and its business model
A mining company that recently changed its business model, but not its accounting practices

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SOLUTION Trend analysis is a valuable tool for analyzing financial data over time to identify patterns and trends It can help companies gain insights into their financial performance and make informed ... View full answer

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