Question: Reply to this post agree or disagree Trend analysis refers to an analysis of performance that is made over a number of years in order

Reply to this post agree or disagree

Trend analysis refers to an analysis of performance that is made over a number of years in order to ascertain significant patterns (Block, p.65). I think trend analysis is beneficial in analyzing ratios because they can complement each other to look at patterns over the years and from there one can make a prediction of future trends.

However, trends alone also don't "represent a complete picture" (Block, P.65). Block, Hirt, and Danielson suggest comparing companies in the same industry. By doing this, one can see how our company is doing in the market with other companies who do similar business.

respectfully agree/disagree to the post and explain why, while offering an opinion with an example to support it. References/Citation

your reply should between 170-200 words

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