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falin lawson
on Nov 13, 2024

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In horizontal analysis, each item is expressed as a percentage of the

A) base year figure
B) retained earnings figure
C) total assets figure
D) net income figure

Base Year Figure

A benchmark or reference point in time used for comparative analysis, often in the calculation of indexes and financial ratios.

Retained Earnings

Net income retained in a corporation.

Total Assets

The sum of all owned resources and rights with economic value that a business controls, including both current and non-current assets.

  • Grasp the principles and calculation methods for horizontal analysis.
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Pritish GuptaNov 14, 2024
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