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

Accounting

How do businesses make money? What strategies can they use to gain a competitive advantage?

Distinguish between the accounting for capital expenditures and revenue expenditures.

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

How do computerized budgeting systems aid firms in the budgeting process?