Which statement about trend analysis is correct?It gives meaningful results only when the company does not own any fixed assets.It is the only meaningful way to understand the financiat potition and results of operations of a company.It is simply the relationship between two numbers, and the name of the trend usually describes the numbers to be related.ut generally leads to a more meaninghef anshylly when eonducted over several years than does the observation of a thigle years ratio rewat.