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Trend analysis helps organizations and or businesses keep up with new technology that can help the business grow and production can be done faster.
It helps.
This course is fruitful as it gives up to date information about trends of purchase, sales, expenditure, income, profit, etc
When measured over more than one period it may show trends or movements in these figures. Business may then act by making decisions relating to those statistics.
analysis giving proper information
Accounting -> Trend analysis Trend analysis It is important to recognise trends or patterns relating to particular businesses. These trends may relate to sales, margins, expenses or profit. All of these items may be measured in amount or as a percentage of some other relevant figure. When measured over more than one period it may show trends or movements in these figures. Business may then act by making decisions relating to those statistics.
This course helps to find out trends of business; it could be about sales, purchase, cash inflow and outflow, expenditure, profit etc.
This course is fruitful as it gives up to date information about trends of purchase, sales, expenditure, income, profit, etc.
looking at the chart above it seems that the sales are way below what they owe the debtor.
What does trend analysis in accounting information mean?