In Horizontal Analysis, the Percentage of a Base-Period Amount Is

question 61

Multiple Choice

In horizontal analysis, the percentage of a base-period amount is calculated by

• A)dividing the analysis period amount by the base period amount.
• B)dividing the dollar amount of the change since the base period by the base period amount.
• C)dividing the item under analysis by net sales.
• D)dividing the item under analysis by total assets.

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Definitions:

Reaction

A process in which substances interact, causing the formation of new substances with different properties.