An Example of Horizontal Analysis Is the Increase in Cost

question 42

True/False

An example of horizontal analysis is the increase in cost of goods sold by 29% from 2015 to 2016.

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Definitions:

Lithosphere

The rigid outer layer of the Earth, consisting of the crust and the uppermost part of the mantle, directly involved in plate tectonics and continental drift.

Asthenosphere

A region of the upper mantle of the Earth, below the lithosphere, where rocks are relatively soft and can flow slowly.

Oceanic Fracture Zone

Crack or step in elevation of the seafloor that formed as a transform fault along a mid-ocean ridge but is no longer a plate boundary.

Mantle

The thick layer of rock between the Earth's crust and core, constituting most of the Earth's volume and involved in tectonic processes.