Complete the horizontal analysis below: (round to the nearest tenth percent if applicable) $$\begin{array} { | c | c | c | c | }
\hline \text { Year 2 } & \text { Year 1 } & \text { Amount } + & \text { Percent Change } \
\hline \$ 88,338 & \$ 92,147 & ? & ? \
\hline
\end{array}$$
A)($3,809), ?4.1%
B)$3,809, 4.1%
C)$180,485, 51.1%
D)$8,300, 15%
E)None of these

Question

Complete the horizontal analysis below: (round to the nearest tenth percent if applicable) $$\begin{array} { | c | c | c | c | } 
\hline \text { Year 2 } & \text { Year 1 } & \text { Amount } + & \text { Percent Change } \
\hline \$ 88,338 & \$ 92,147 & ? & ? \
\hline
\end{array}$$
A)($3,809), ?4.1%
B)$3,809, 4.1%
C)$180,485, 51.1%
D)$8,300, 15%
E)None of these

Quizplus · Accepted Answer

To calculate the amount change: $88,338 - $92,147 = -$3,809. To calculate the percent change: (-$3,809 / $92,147) * 100 = -4.1%.

Complete the Horizontal Analysis Below: (Round to the Nearest Tenth