All of the following are used as financial analysis tools except

A) managements' discussion and analysis.
B) common size statements.
C) trend statements.
D) financial ratios.

Financial Analysis Tools

Instruments and techniques used to evaluate a company's financial statements to make decisions about investments and other financial matters.

Common Size Statements

Financial statements that display all line items as a percentage of a common base figure, facilitating comparison across time and with other companies.

Managements' Discussion

A section of a company's annual report where management provides an analysis of the company's financial condition and operational results.