Table 4 -1. Income Statement

-Refer to Table 4 -1. Using horizontal analysis, Net Profit percent. _ by approximately
A) decreased; 44.22
B) increased; 79.27
C) decreased; 79.27
D) increased; 44.22

Question

Table 4 -1. Income Statement
 
-Refer to Table 4 -1. Using horizontal analysis, Net Profit percent. _ by approximately
A) decreased; 44.22 
B) increased; 79.27 
C) decreased; 79.27 
D) increased; 44.22

Quizplus · Accepted Answer

Horizontal analysis compares financial data over two or more periods to identify trends and growth patterns. An increase of 79.27% in Net Profit percent indicates a significant positive change in profitability from one period to the next.