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Cheryl is the operations manager for Nature's Bread Company, which specializes in providing natural products for health conscious individuals.Cheryl is responsible for compiling, analyzing, and evaluating daily sales numbers to determine the company's profitability and forecast production for the next day.Which of the following is an example of the type of information Cheryl would be using to successfully perform her job?
Horizontal Analysis
A financial analysis technique comparing historical data, such as revenues or profits, over a series of periods to identify trends or patterns.
Trend Analysis
The practice of collecting information and attempting to spot a pattern, often used in financial markets or to analyze business data.
Net Income
The total profit or loss of a company after all revenues and expenses have been accounted for.
Cost Of Goods Sold
Costs incurred from the direct production of goods that a firm sells, consisting of both material and labor.
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