What is meant by the term horizontal analysis what is, Financial Management

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What is meant by the term horizontal analysis what is

Analysis is used both to look at trends within the company and to benchmark against other companies.

What is meant by the term horizontal analysis?

What is meant by the term vertical analysis?

Which one analyzes changes over time?

Which one analyzes changes in respect to one particular item on the statement? (Analyzes changes in terms of a base amount?)

Which one is often called “common size analysis”?

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