A trend analysis to determine a year-to-year dollar amount change is calculated by:
A)subtracting the previous period amount from the current amount.
B)subtracting the current period amount from the previous period amount.
C)subtracting the current period amount from the previous period amount and then dividing the result by the previous period amount.
D)subtracting the previous period amount from the current period amount and then dividing the result by the current period amount.

Question

Quizplus · Accepted Answer

To determine the year-to-year dollar amount change, we need to calculate the difference between the current period amount and the previous period amount. Subtracting the previous period amount from the current amount will give us this difference.

A Trend Analysis to Determine a Year-To-Year Dollar Amount Change