What is the advantage of using comparative statements for financial analysis

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Essay 3:� What is the advantage of using comparative statements for rather than statements for a single date or period?

Paper Format: APA

Number of pages: 1.5

�Please use the �Survey of Accounting� on�textbooks.com�as the source for the paper

Answer preview to What is the advantage of using comparative statements for financial analysis

Using comparative statements for financial analysis is an effective way to evaluate the financial performance of a business over time. Comparative financial statements provide a better understanding of company performance changesthan a single date or period (Warren, 2018), Investors, lenders, and other financial professionals can evaluate a company�s growth or decline

Last Updatd: 02 Aug,2023

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