Give Two Benefits of Using Spreadsheets in Doing Financial Analysis

question 1

Essay

Give two benefits of using spreadsheets in doing financial analysis.

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Definitions:

Tariffs

Taxes imposed on imported goods, typically used by governments to protect domestic industries and regulate trade balance.

Great Depression

A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

NAFTA

The North American Free Trade Agreement (NAFTA) was a treaty entered into by the United States, Canada, and Mexico; it has been replaced by the USMCA. It aimed to eliminate barriers to trade and investment.

Economic Dislocations

Situations where an economy experiences inefficiency due to factors such as technological change, policy alterations, or market shifts.