Activity 3.Compute for the horizontal analysis for the net income of Alma BeautyShop.Directions: Shown below is the net income taken from Alma Beauty Shop20192020201620172018P75,000.00P85,000.00P120,000.00P100,000.00P50,000.00Horizontal Analysis:20162017201820192020PesoChange% Change

Answer: Concept Peso change= Value at year 1- Value at year 0 % change =Peso change/ Value at year…

Activity 3. Compute for the horizontal analysis for the net income of Aima Beauty Shop. Directions: Shown below is the net income taken from Alma Beauty Shon 2019 2020 2016 2017 2018 P85,000.00 P120,000.00 P100,000.00 P50,000.00 P75,000.00 Horizontal Analysis: 2016 2017 2018 2019 2020

Activity 3. Compute for the horizontal analysis for the net income of Aima Beauty Shop. Directions: Shown below is the net income taken from Alma Beauty Shon 2019 2020 2016 2017 2018 P85,000.00 P120,000.00 P100,000.00 P50,000.00 P75,000.00 Horizontal Analysis: 2016 2017 2018 2019 2020

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

100%

Activity 3.
Compute for the horizontal analysis for the net income of Alma Beauty
Shop.
Directions: Shown below is the net income taken from Alma Beauty Shop
2019
2020
2016
2017
2018
P75,000.00
P85,000.00
P120,000.00
P100,000.00
P50,000.00
Horizontal Analysis:
2016
2017
2018
2019
2020
Peso
Change
% Change

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