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Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is trend analysis?
💡 Hint: Think about how businesses track performance over time.
Question 2
Easy
What is the primary purpose of trend analysis?
💡 Hint: Consider what stakeholders might need from financial data.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What does trend analysis aim to identify?
💡 Hint: Think about timeframes in financial analysis.
Question 2
True or False: Trend analysis can predict exactly what will happen in the future.
💡 Hint: Consider the variability of market conditions.
Solve 1 more question and get performance evaluation
Push your limits with challenges.
Question 1
A company noticed that their revenue over the past four years is as follows: Year 1: ₹200,000; Year 2: ₹250,000; Year 3: ₹300,000; Year 4: ₹400,000. Calculate the trend percentage from Year 1 to Year 4.
💡 Hint: Find the growth from the base to the current year, and think in percentage terms.
Question 2
If a company’s production costs are declining over a series of quarters, how might this affect its pricing strategy? Provide an analysis.
💡 Hint: Consider how costs relate to pricing and market competition.
Challenge and get performance evaluation