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Author Question: Horizontal analysis shows the relationship of each item to total assets. (Read 241 times)

KWilfred

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Question 1

For Hamilton Supplies, wages payable for last year were $49,000 and for this year were $98,000. If the total assets for this year were $115,000, find what percent wages payable were of total assets this year.
◦ 42.6%
◦ 85.2%
◦ 17.3%
◦ 134.7%

Question 2

Horizontal analysis shows the relationship of each item to total assets.
◦ True
◦ False


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Marked as best answer by KWilfred on Feb 26, 2020

jliusyl

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KWilfred

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Reply 2 on: Feb 26, 2020
Excellent


TheNamesImani

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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