The Dollar Change for a Financial Statement Item Is Calculated

question 34

Multiple Choice

The dollar change for a financial statement item is calculated by:

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

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Definitions:

Argument

A discussion involving differing points of view or a formal debate, often centered on a particular topic or issue.

Gall Bladder

A small, pear-shaped organ located under the liver which stores and concentrates bile.

Pancreas

Organ that secretes digestive enzymes into the small intestine, and insulin and glucagon into the blood.

Small Intestine

Longest portion of the digestive tract, and the site of most digestion and absorption.