The Goodberry Corporation data for the current year and prior year is as follows: What would a horizontal analysis report with respect to selling/general expenses?
A)There was a 6.21% decrease from prior to current year.
B)There was a 6.21% increase from prior to current year.
C)The current ratio is 1.07.
D)Selling/general expenses are 7.25% of net sales revenue.

Question

The Goodberry Corporation data for the current year and prior year is as follows:  What would a horizontal analysis report with respect to selling/general expenses?
A)There was a 6.21% decrease from prior to current year. 
B)There was a 6.21% increase from prior to current year. 
C)The current ratio is 1.07. 
D)Selling/general expenses are 7.25% of net sales revenue.

Quizplus · Accepted Answer

The Answer of The Goodberry Corporation data for the current year and prior year is as follows:  What would a horizontal analysis report with respect to selling/general expenses?
A)There was a 6.21% decrease from prior to current year. 
B)There was a 6.21% increase from prior to current year. 
C)The current ratio is 1.07. 
D)Selling/general expenses are 7.25% of net sales revenue.

The Goodberry Corporation Data for the Current Year and Prior