The technique of taking first year figures as base and comparing with subsequent years is called hel...........

Accountancy (Phase -I & II) Accounting as a financial information system

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The technique of taking first year figures as base and comparing with subsequent years is called…

Ratio analysis

Common size statement

Trend analysis

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Explanation:

Trend analysis is a technique used in technical analysis that attempts to predict the future stock price movements based on recently observed trend data. Trend analysis is based on the idea that what has happened in the past gives traders an idea of what will happen in the future. There are three main types of trends: short-, intermediate- and long-term.