Otley Company does business in two customer segments, Retail and Wholesale. The following annual revenue information was determined from the accounting system’s invoice information: ……………………………………2014…………………2013 Retail…………………………$110,000…………….$ 92,000 Wholesale………………………140,000……………..164,000 Total revenue…………………$250,000……………$256,000 Prepare a horizontal and vertical analysis of the segments. Round to one decimal place. View Solution: Otley Company does business in two customer segments Retail and
Otley Company does business in two customer segments, Retail and Wholesale. The following annual revenue information was determined from the accounting system’s invoice information:
……………………………………2014…………………2013
Retail…………………………$110,000…………….$ 92,000
Wholesale………………………140,000……………..164,000
Total revenue…………………$250,000……………$256,000
Prepare a horizontal and vertical analysis of the segments. Round to one decimal place.
View Solution:
Otley Company does business in two customer segments Retail and
Comparative analysis: It can be defined as the technique of analyzing the financial performance of the company via comparing the statements of different accounting periods.
Presentation of the horizontal analysis as follows:
Result of the above:
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