Mathematics, 13.08.2019 16:10 steven0448
When performing a horizontal analysis on an income statement, the percentage change in any individual item is calculated by dividing the dollar amount of the change from the base period to the current period by
a. the average of the base and the current period amounts.
b. the amount estimated for the future period.
c. the base period amount.
d. the current period amount.
Answers: 3
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When performing a horizontal analysis on an income statement, the percentage change in any individua...
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