The percent change in horizontal analysis 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,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,then multiplying that amount by 100
E)Subtracting the base period amount from the analysis period amount,then dividing the result by the base amount

Question

Quizplus · Accepted Answer

The percent change in horizontal analysis is calculated by subtracting the base period amount from the analysis period amount, dividing the result by the base period amount, then multiplying that amount by 100. Choice D is the only option that follows this formula.

The Percent Change in Horizontal Analysis Is Calculated by