Below Is a Partially Completed Horizontal Analysis of a Balance

question 42

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 capital from Year 1 to Year 2 for Rachels Candle Company?

---

Definitions:

Euphemism

A mild or indirect word or expression substituted for one considered to be too harsh or blunt when referring to something unpleasant or embarrassing.

Negative Connotations

The association of words or phrases with negative feelings, attitudes, or judgments.

Culturally Inappropriate

Actions, expressions, or materials that are offensive or disrespectful to a particular culture's norms, values, or beliefs.

Accusatory

Characterized by or involving accusation; suggesting blame or responsibility for wrongdoing.