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Mathematical Tools to Use in Forecasting

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Graphs and Diagrams

A graph shows the relationship between two variables – the X-variable on the horizontal axis and the Y-variable on the vertical axis. Graphs can be used to complement the data produced on your financial statements, especially for the purposes of a report and presentation. Following are examples of charts from the data in this chapter:

Single Bar Chart (Income Statement)

Stacked Bar Chart (Balance Sheet)

Line Graph (Income Statement)

Pie Charts (Balance Sheet)

Histogram (Income Statement)