Selected comparative income statement amounts for a company are shown below. Using 2013 as the base year for a horizontal analysis, compute the account with the most significant change.
A) Sales.
B) General and administrative expenses.
C) Interest expense.
D) Miscellaneous expense.
E) Cannot be determined from the given data.

Question

Selected comparative income statement amounts for a company are shown below. Using 2013 as the base year for a horizontal analysis, compute the account with the most significant change. 
A) Sales. 
B) General and administrative expenses. 
C) Interest expense. 
D) Miscellaneous expense. 
E) Cannot be determined from the given data.

Quizplus · Accepted Answer

The Answer of Selected comparative income statement amounts for a company are shown below. Using 2013 as the base year for a horizontal analysis, compute the account with the most significant change. 
A) Sales. 
B) General and administrative expenses. 
C) Interest expense. 
D) Miscellaneous expense. 
E) Cannot be determined from the given data.

Selected Comparative Income Statement Amounts for a Company Are Shown