Use the following information to do a horizontal analysis of Marcus Corporation's income statement for the current year and prior year:

What is the dollar change in selling/general expenses?
A)$(4,840)
B)$81,000
C)$22,000
D)$102,000

Question

Use the following information to do a horizontal analysis of Marcus Corporation's income statement for the current year and prior year:

What is the dollar change in selling/general expenses?
A)$(4,840) 
B)$81,000 
C)$22,000 
D)$102,000

Quizplus · Accepted Answer

C)
Selling and general exp- Prior $40,000
Current 62,000
Increase $22,000

Use the Following Information to Do a Horizontal Analysis of Marcus