A horizontal analysis performed on a statement of retained earnings would not show a percentage change in
A) dividends declared.
B) net income.
C) expenses.
D) beginning retained earnings.

Name: A horizontal analysis performed on a statement of retained earnings would not show a percentage change in A) dividends declared. B) net income. C) expenses. D) beginning retained earnings.
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Question

Quizplus · Accepted Answer

Expenses are not part of the statement of retained earnings; they are part of the income statement.

A Horizontal Analysis Performed on a Statement of Retained Earnings