In a horizontal or trend analysis, what is each item expressed as a percentage of?
A)Total assets
B)Total sales
C)The base year amount
D)Net earnings

Name: In a horizontal or trend analysis, what is each item expressed as a percentage of? A)Total assets B)Total sales C)The base year amount D)Net earnings
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Question

Quizplus · Accepted Answer

In a horizontal or trend analysis, each item is expressed as a percentage of the base year amount. This allows for the comparison of changes in line items over time relative to a benchmark year.

In a Horizontal or Trend Analysis, What Is Each Item