Business, Legal & Accounting Glossary
Accounting information encompassing several years of financial data given in percentages of amount in an initial year. Companies may consider the first year of operations or profits as their base year and all subsequent financial information in provided in those terms such as profits earned in the third year were 150% of the base year as a way of representing the regular performance of a company.
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Definitions for Common-Base-Year Analysis are sourced/syndicated and enhanced from:
This glossary post was last updated: 20th November, 2021 | 0 Views.