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You learn how to operate machine A. Later you learn to operate machine B. You may forget how to operate B faster than does your friend, who learned only B. Why?
Horizontal Analysis
Comparative financial analysis technique that views financial data over multiple periods to identify trends and growth patterns.
Balance Sheet
A summary statement of a firm's assets, liabilities, and equity held by shareholders, reflecting its financial position at a specific moment.
Percentage Increase
Percentage increase is calculating the extent of growth in a value over time, expressed as a proportion of the original value.
Comparative Balance Sheet
A comparative balance sheet presents the financial position of a company at two or more different points in time, allowing for analysis of trends and changes in assets, liabilities, and equity.
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