trend analysis definition
Comparable amounts from several years are expressed as a percentage of the amount during a base year. For example, sales from each year of 2011 through 2020 are presented as a percentage of the sales during 2011.
Comparable amounts from several years are expressed as a percentage of the amount during a base year. For example, sales from each year of 2011 through 2020 are presented as a percentage of the sales during 2011.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.