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Horizontal Analysis
Financial analysis that compares an item in a current statement with the same item in prior statements in terms of the amount and percentage of change.
Base Year
A specific year chosen as a point of comparison for financial or economic data over time.
Current Position Analysis
The evaluation of a company’s ability to pay its current liabilities.
Short-Term Creditors
Entities or individuals who have provided financial credit to a company with the expectation of being repaid within a short period, usually within a year.
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