(a) Concept introduction: Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage. To prepare: A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

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Answer 1

Question

Chapter 12, Problem 86PSB

To determine

(a)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

To prepare:

A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

To determine

(b)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

The primary causes behind increase in net income in 2018 and decrease in net income in 2019.

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Answer 2

Question

Chapter 12, Problem 86PSB

To determine

(a)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

To prepare:

A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

To determine

(b)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

The primary causes behind increase in net income in 2018 and decrease in net income in 2019.

Expert Solution & Answer

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See solution

Answer 3

Question

Chapter 12, Problem 86PSB

To determine

(a)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

To prepare:

A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

To determine

(b)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

The primary causes behind increase in net income in 2018 and decrease in net income in 2019.

Expert Solution & Answer

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Answer 4

Question

Chapter 12, Problem 86PSB

To determine

(a)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

To prepare:

A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

To determine

(b)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

The primary causes behind increase in net income in 2018 and decrease in net income in 2019.

Expert Solution & Answer

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Answer 5

Chapter 12, Problem 86PSB

To determine

(a)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

To prepare:

A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

To determine

(b)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

The primary causes behind increase in net income in 2018 and decrease in net income in 2019.

Answer 6

Chapter 12, Problem 86PSB

To determine

(a)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

To prepare:

A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

Answer 7

Chapter 12, Problem 86PSB

To determine

(a)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

To prepare:

A statement showing the changes in revenue and expense from 2017 through 2019 using horizontal analysis.

Answer 8

To determine

(b)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

The primary causes behind increase in net income in 2018 and decrease in net income in 2019.

Answer 9

To determine

(b)

Concept introduction:

Horizontal analysis is a way of making a comparison among two years in which one year is taken to be the base year and the comparison is done with the like items and results are given in terms of percentage.

The primary causes behind increase in net income in 2018 and decrease in net income in 2019.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 12 - Describe how some of the primary groups of users...Ch. 12 - Prob. 2DQ Ch. 12 - Prob. 3DQ Ch. 12 - Prob. 4DQ Ch. 12 - Prob. 5DQ Ch. 12 - Prob. 6DQ Ch. 12 - Prob. 7DQ Ch. 12 - Prob. 8DQ Ch. 12 - Prob. 9DQ Ch. 12 - Prob. 10DQ

Solution Summary: The author explains that horizontal analysis is a way of comparing two years in which one year is taken to be the base year and results are given in terms of percentage.

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Chapter 12 Solutions