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Author Question: In a horizontal analysis balance sheet, the percentage change columns do not add up in the same way ... (Read 17 times)

kled

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Question 1

The percentage change, as shown in horizontal analysis, is calculated as:
(current year account balance - previous year account balance) ÷ current year account balance
◦ true
◦ false

Question 2

In a horizontal analysis balance sheet, the percentage change columns do not add up in the same way as the dollar amounts because each of the percentages was calculated using a different denominator.
◦ true
◦ false


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Marked as best answer by kled on Feb 5, 2023

leilani49

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kled

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Reply 2 on: Feb 5, 2023
Great answer, keep it coming :)


Sarahjh

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Reply 3 on: Yesterday
Excellent

 

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