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QUESTION
How can you evaluate trend analysis and industry analysis?
How can you evaluate trend analysis and industry analysis?
for example:
Current ratios in 2015 is 2.04, in 2016 is 1.70, in 2017 is 1.53. the industry average is 1.6
How can you assign qualitative assessments of Good, OK/Good, OK, OK/Poor, or Poor to the trend in current ratio as well as to the degree to which the current ratio compares to available industry ratio.
Trend analysis 2015-17=?
industry analysis 2017=jQuery200027606600618199884_1527834309772
