Financial Accounting: Information for Decisions
Financial Accounting: Information for Decisions
9th Edition
ISBN: 9781260158809
Author: Wild, John
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 13, Problem 4QS
Summary Introduction

Concept Introduction:

Horizontal analysis is one of the techniques of financial statement analysis. This analysis is used to evaluate the changes in amount of financial statement over a period of time. The trend is calculated in amount as well as in percentage taking the previous period as basis.

To calculate:the trend % of net sales for the year 2017 and year 2018.

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