The Goodberry Corporation data for the current year and prior year is as follows: What would a horizontal analysis report with respect to common stock?
A)Stockholder's equity is 66.72% of total capital
B)Increase of $10,600 in common stock
C)23.30% increase from prior to current year of cost of goods sold
D)Sales return of $0.11

Question

The Goodberry Corporation data for the current year and prior year is as follows:  What would a horizontal analysis report with respect to common stock?
A)Stockholder's equity is 66.72% of total capital 
B)Increase of $10,600 in common stock 
C)23.30% increase from prior to current year of cost of goods sold 
D)Sales return of $0.11

Quizplus · Accepted Answer

The question asks for the horizontal analysis report with respect to common stock. Therefore, the only option that relates to common stock is B, which reports an increase of $10,600 in common stock from the prior year to the current year. The other options pertain to different financial aspects of Goodberry Corporation and are not relevant to the common stock analysis.

The Goodberry Corporation Data for the Current Year and Prior