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Which of the following statements is true of trend analysis? Oa. It tracks the percentage changes of items in financial statements over several years. Ob.

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Which of the following statements is true of trend analysis? Oa. It tracks the percentage changes of items in financial statements over several years. Ob. It measures the ability of a company to meet its current obligations. Oc. It expresses a line item as a percentage of some other line item for the same period. Od. It computes percentages by dividing one account or line-item amount by another

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