Harold, a financial accountant in a company, is asked to identify the changes in the company's account values between 2014 and 2016. to get the required information, he uses comparative financial statements, which state the figures for the two years side by side. these comparative financial statements make it easier for harold to identify the changes that may have taken place during that period. in this scenario, harold is most likely using to get the required information.

Horizontal analysis

Explanation:

Horizontal analysis -

It is also called the trends analysis , it is the financial statement analysis method , which shows the change in amounts of the financial statement items over a period of time .  

The method is used to analyse the trends and situations .  

Hence , from the data of the question , It referees to Horizontal analysis .

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.