Drucker Inc. has the following information available for 2011 and 2012: Performing a horizontal analysis on current assets shows that they have:
A) increased by 40 percent.
B) increased by 28.6 percent.
C) increased by 2.5 percent.
D) increased by 3.5 percent.

Question

Drucker Inc. has the following information available for 2011 and 2012:  Performing a horizontal analysis on current assets shows that they have:
A) increased by 40 percent. 
B) increased by 28.6 percent. 
C) increased by 2.5 percent. 
D) increased by 3.5 percent.

Quizplus · Accepted Answer

The Answer of Drucker Inc. has the following information available for 2011 and 2012:  Performing a horizontal analysis on current assets shows that they have:
A) increased by 40 percent. 
B) increased by 28.6 percent. 
C) increased by 2.5 percent. 
D) increased by 3.5 percent.