Horizontal Analysis Total assets were $1,500,000 in 2016, $1,305,000 in 2015, and $1,425,000 in 2014....

80.2K

Verified Solution

Question

Accounting

Horizontal Analysis Total assets were $1,500,000 in 2016, $1,305,000 in 2015, and $1,425,000 in 2014. What was the percentage change from 2014 to 2015 and from 2015 to 2016? Was the change an increase or a decrease? Use a negative sign with your answer(s) to reflect if the change is was a decrease. Round answer to one decimal place. Ex: 0.2345 = 23.5%

% change from 2014 to 2015

% change from 2015 to 2016

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students