Question

An analysis of a firm's financial ratios over time that is used to determine the improvement or deterioration inits financial situation is calleda. sensitivity analysisb. DuPont chartc. ratio analysisd. progress charte. trend analysis

Answer 1

Answer:

The correct option is E.

Explanation:

Trend analysis is the one which states the analysis of the firm's or company' s financial ratios over the period of time and that is used to assess the deterioration or improvement in the financial situation of the company or firm.

Trend analysis is a technique which shows a trend the company financial ratios states and from that it can be determined that it is improving or deterioration.

Therefore, the correct option is E