An Examination of a Company's Financial Statements from a Period

An examination of a company's financial statements from a period of several years allows the analyst to

A) extrapolate the company's likely future stock price from its past investments.
B) estimate accurately the size and quality of the company's pipeline of products that are to be introduced in the near future.
C) identify changes in strategy as well as gain insight into the higher-level thinking that guides the company.
D) forecast the company's market capitalization for the next five- to ten-year period.