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(The subject is Financial Statement Analysis) Absolute comparisons, horizontal analysis, vertical analysis and ratio analysis are common techniques used in financial statement analysis. Evaluate these

(The subject is Financial Statement Analysis)
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Absolute comparisons, horizontal analysis, vertical analysis and ratio analysis are common techniques used in financial statement analysis. Evaluate these four techniques, including the strengths, weaknesses and potential applications. And illustrate how they might be used by financial analysts. (Total: 20 marks)

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