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Why are trend analysis and industry comparison important to financial ratio analysis?
Trend analysis assists financial analysts and managers see whether a company's current financial situation is improving or deteriorating.
industry comparison or Cross-sectional analysis allows analysts to put the value of a firm's ratios in the context of its industry.
Incremental Cost The measured change in a firm's cost of production due to an additional activity pursued by the firm. Incremental costs can be measured by the cost difference
LKL PLC Project VZ (a) Cash Flow budget and NPV WORKINGS
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