The Dollar Change for a Financial Statement Is Calculated By

question 145

Multiple Choice

The dollar change for a financial statement is calculated by:

• A) Subtracting the base period amount from the analysis period amount, dividing the result by the base period amount, then multiplying that amount by 100.
• B) Subtracting the analysis period amount from the base period amount, dividing the result by the base period amount, then multiplying that amount by 100.
• C) Subtracting the base period amount from the analysis period amount.
• D) Subtracting the analysis period amount from the base period amount.
• E) Subtracting the base period amount from the analysis period amount, then dividing the result by the base amount.

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Definitions:

Quantitative Variables

Variables that can be quantified and measured, having numeric values that represent different magnitudes of the variable.

Information

Data that has been processed, organized, or structured in a way that adds context or meaning, making it useful for decision-making.

Quantitative

Pertaining to the measurement or quantification of variables; involving numerical data that can be analyzed statistically.

Categorical

Relating to, describing, or based on categories, often used in statistics to refer to variables that represent types rather than numbers.