Waller Company does business in two regional segments: North and South. The following annual revenue information was determined from the accounting system's invoice data: Using horizontal analysis, determine the percentage change in revenues for the North region.Round to one decimal place.
A) 22.4%
B) (20.0)%
C) 20.0%
D) (22.4)%

Question

Waller Company does business in two regional segments: North and South. The following annual revenue information was determined from the accounting system's invoice data:  Using horizontal analysis, determine the percentage change in revenues for the North region.Round to one decimal place.
A) 22.4% 
B) (20.0)% 
C) 20.0% 
D) (22.4)%

Quizplus · Accepted Answer

Without the actual numbers for revenue, it is impossible to calculate the exact percentage change using horizontal analysis. However, we do know that the percentage change is negative for the North region because the answer choices are all negative or zero for the North region. Choice B is the only negative option and is the best choice given the information provided.

Waller Company Does Business in Two Regional Segments: North and South