Which of the following types of financial statement analysis would be used to see how sales revenue of a company has changed from one year to the next?
A)vertical analysis of balance sheet
B)horizontal analysis of income statement
C)horizontal analysis of balance sheet
D)vertical analysis of income statement

Question

Quizplus · Accepted Answer

Horizontal analysis of income statement compares the figures of the income statement of a company for two or more periods to determine how the different items have changed. This is useful to see how sales revenue has changed from one year to the next.

Which of the Following Types of Financial Statement Analysis Would