Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 4 how do you calculate the horizontal a

QUESTION 4 How do you calculate the horizontal analysis on...

90.2K

Verified Solution

Question

Accounting

QUESTION 4
How do you calculate the horizontal analysis on an income statement?
A.
divide each line by net sales for each year
B.
calculate the quick ratio for each line
C.
Take the cy minus py amount for each line. Then divide that amount by the prior year amount.
D.
Subtract py amount from cy amount of each line

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

Physics
1.2K views

4 The kinetic energy of an electron in H like atom i 6 04 eV...

Finance
1.2K views

QUESTION 3 – Valuing Stocks – 20 marks Your CFO has sent you three analyst reports...

Basic Math
1.2K views

Question: A set of data has a normal distribution with a mean of 53 and a...

Physics
1.2K views

A stone projected at an angle of 60 from the ground level strikes at an...

Calculus
1.2K views

Luke Anderson is earning 29 000 a year in a city located in the Midwest...

Calculus
1.2K views

a Sketch 0 in standard position Then sketch an angle between 0 and 2x that...

Algebra
1.2K views

Period 3 2 5 9 7 B 6 10 6 55256 6 8019 6 4684...

Accounting
1.2K views

show your solution ...

Accounting
1.2K views

If an accrual method taxpayer receives payment for services he will provide over the next...

Accounting
1.2K views

please calculate the cost of good sold for everything with FIFO method. Purchases:...

Accounting
1.2K views

On February 1, 2020, Crane Company purchased a parcel of land as a factory site...

Finance
1.2K views

Question 3 (50 marks) a) Explain the reason(s) why bond ratings and interest rate spreads...