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Author Question: Assume that the accounts receivable balances are $110,000, $112,000 and $116,000 for 2021, 2022, and ... (Read 38 times)

kms5229

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Question 1

A form of horizontal analysis in which each year's account balance is expressed as a percentage of the base year is called
◦ trend analysis.
◦ percentage analysis.
◦ quick analysis.
◦ common size analysis.

Question 2

Assume that the accounts receivable balances are $110,000, $112,000 and $116,000 for 2021, 2022, and 2023, respectively. The trend percentage for 2023 is
◦ 5.5%.
◦ 103.6%.
◦ 3.6%.
◦ 105.5%.


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Marked as best answer by kms5229 on Feb 5, 2023

gyvette

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kms5229

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


FergA

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Reply 3 on: Yesterday
Wow, this really help

 

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