What is the advantage of using comparative statements for financial analysis rather than statements for a single date or period?

4 Separate 2 page essays with the same source for all the papers.
The Writing Assignments give students the opportunity to demonstrate a level of subject mastery beyond the objective unit examinations, which reflects his/her ability to analyze, synthesize, evaluate and apply his/her knowledge.
Topic 1: How do businesses make money? What strategies can they use to gain a competitive advantage?
Topic 2: Distinguish between the accounting for capital expenditures and revenue expenditures.
Topic 3: What is the advantage of using comparative statements for financial analysis rather than statements for a single date or period?
Topic 4: How do computerized budgeting systems aid firms in the budgeting process?

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What is the advantage of using comparative statements for financial analysis rather than statements for a single date or period?

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