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Some potential causal variables cannot be manipulated by researchers.
Horizontal Analysis
An analysis tool used in financial statement analysis to compare historical data, such as revenues and earnings, across different periods.
Percentage Change
A mathematical calculation that depicts the degree of change over time, often used to compare the difference in quantities or values.
Solvency Ratio
A key metric used to measure a company's ability to meet its long-term debt obligations and financial liabilities.
Operating Success
A measure of the efficiency and profitability of a business's core activities, excluding the effects of financing and investments.
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