Demand for the product,the season the product is in or if its outdated
To accurately determine the financial performance of a company, it is necessary to compare its performance from <u>year to year</u>.
In order to accurately determine the financial performance of a company, financial statements are used in evaluating, which include the balance sheet, statement of cash flows, and the income statement.
Financial performance indicators are quite necessary as they are quantifiable metrics which are used to measure how well a company is doing. Some companies also hire an outside accounting firm to audit the financial statements.
Hence, it is necessary to compare the financial performance of a company from year to year.
To learn more about financial performance here:
brainly.com/question/17307055
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The answer would be grades (I think)
The answer that best fits the blank above is the term ANALOG. The ANALOG FORECASTING METHOD is known as the oldest method in the forecasting of weather. This kind of method reviews the previous weather events in order to lead to a particular weather event. Hope this helps.
Answer:
A. True
Explanation:
Bank loans are generally short term for meeting the working capital needs, that depends upon the operating cycle of a company.
Usually that keeps on rotating and extending, as the banks keep on earning interest and the funds are usually not needed, this results in the constant support for business.
Further this facility is only provided to the clients who are performing good and that the clients are viable.
If the balance sheets of the client depicts that they are not financially viable then the bank do not extend the time limits and tries to recover the funds as soon as possible.
