FINANCIAL TREND ANALYSIS Definition

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FINANCIAL TREND ANALYSIS is the process of analyzing financial statements of a company for any continuing relationship. Generally, an analysis is made to find out what direction a concern is going, how rapidly, and whether there are enough resources to complete proposed projects.

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ZLOTY (ZLOTE, ZLOTYCH, ZLOTÓWKA) is a currency of Poland.

LEVERAGE HYPOTHESIS is the theory that managers have incentive to avoid technical default of loan covenants because it could result in increases in the firm's cost of capital.

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