The dollar change for a financial statement item is calculated by:
A)Subtracting the analysis period amount from the base period amount.
B)Subtracting the base period amount from the analysis period amount.
C)Subtracting the analysis period amount from the base period amount,dividing the result by the base period amount,and then multiplying that amount by 100.
D)Subtracting the base period amount from the analysis period amount,dividing the result by the base period amount,and then multiplying that amount by 100.
E)Subtracting the base period amount from the analysis amount,then dividing the result by the base amount.

Question

Quizplus · Accepted Answer

The dollar change is calculated by subtracting the base period amount from the analysis period amount. This gives the absolute change in dollars between the two periods.

The Dollar Change for a Financial Statement Item Is Calculated