Below Is a Partially Completed Horizontal Analysis of a Balance

question 10

Short Answer

Below is a partially completed horizontal analysis of a balance sheet.
Rachel is completing a comparative analysis of her business'; balance sheet. What is the amount and percent of change in total liabilities from Year 1 to Year 2 for Rachels Candle Company?

---

Definitions:

Inspirational Leadership

Leadership that motivates and energizes followers through a shared vision and enthusiasm.

Intellectual Stimulation

The process of encouraging creativity and innovation by challenging existing ideas and encouraging new perspectives.

Leader-member Exchange Theory

A leadership concept that explores the relationship dynamics between supervisors and subordinates, focusing on the mutual exchange of benefits.

In-group Members

Individuals who belong to a particular group and share a sense of identity or common goals with other members.