Question
In financial analysis, a company compares its financial performance in three contexts: Intracompany , a comparison of a measurement or financial relationship within a company.
In financial analysis, a company compares its financial performance in three contexts:
- Intracompany, a comparison of a measurement or financial relationship within a company.
- Industry, a comparison of company data with industry averages.
- Intercompany, a comparison with a measurement from one or more competing companies.
Please respond to the following:
Explain what types of information or insights can be obtained by using these techniques.
How can the output of these tests be used in analyzing industry averages and competitive companies?
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Corporate Financial Reporting And Analysis A Global Perspective
Authors: S. David Young, Jacob Cohen, Daniel A. Bens
4th Edition
1119494575, 978-1119494577
