Examlex
What term describes structured analyses that use large numbers of data sets to discern consistent trends?
Vertical Analysis
A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.
Base Amount
A reference value or starting point used for financial calculations, such as determining percentages or comparisons.
General-purpose Financial Statements
These are standardized financial reports prepared by organizations to provide key financial data to stakeholders such as income statements, balance sheets, and cash flow statements.
Income Statement
An income statement is a financial report that shows a company's revenues, expenses, and profits over a specific period.
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