Chapter 15, Problem 13CR

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8th Edition

Robert Brechner + 1 other

ISBN: 9781305585447

Textbook Problem

The use of index numbers to track percentage changes of a company’s financial data over successive operating periods known as ______ analysis. (15-8)

To determine

**To fill:** To fill the blank given in the statement “The use of index numbers to track percentage changes of a company’s financial data over successive operating periods is known as ___________ analysis.”

Explanation

The use of index numbers to track percentage changes of a companyâ€™s financial data over successive operating periods is known as trend analysis.

Trend analysis is the method of technical analysis that attempts to predict the future stock price movements on the basis of recently observed trend data.

It introduces the element of time into financial analysis...

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