Match these terms to their correct definition.
-each financial statement line item is expressed as a percent of the base year (typically the least recent year shown).
A)Common size statements
B)Cross-sectional analysis
C)Dupont analysis
D)Horizontal analysis
E)Ratio analysis
F)Short-term liquidity ratios
G)Time series analysis
H)Vertical analysis

Question

Quizplus · Accepted Answer

Horizontal analysis involves comparing financial data over multiple periods, with each line item expressed as a percentage of the base year, typically the earliest year shown.

Match These Terms to Their Correct Definition