ACCOUNTING PRINCIPLES 122 5/16 >C<
ACCOUNTING PRINCIPLES 122 5/16 >C<
17th Edition
ISBN: 9781323461471
Author: Horngren
Publisher: PEARSON C
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Chapter 17, Problem 3RQ
To determine

Horizontal Analysis: Under this analysis, a comparison is made of data relating to two periods. The values of the base year are compared with the values in the current year to find out the positive and negative changes. This analysis is often known as trend analysis.

To Explain: The meaning of horizontal analysis and the method of computation of changes in percentage

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ACCOUNTING PRINCIPLES 122 5/16 >C<

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