Financial Accounting
Financial Accounting
10th Edition
ISBN: 9781119298229
Author: Weygandt, Jerry J.; Kieso, Donald E.; Kimmel, Paul D.
Publisher: WILEY
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Chapter 13, Problem 13.6BE

a.

To determine

Horizontal Analysis: Horizontal analysis is prepared to make comparison between the financial statements to determine the changes in the financial statements for the previous year to the current year. The changes of the company are measured in dollars as well as in percentage.

Formula:

Percentage Change=100×Later PeriodAmountBasePeriod AmountBase Period Amount

The percentage of change from 2017 to 2018 and 2018 to 2019.

b.

To determine

The percentage of change from 2017 to 2018 and 2018 to 2019.

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