Explain how a horizontal analysis is affected if an account (a) Has no value in a base

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Explain how a horizontal analysis is affected if an account
(a) Has no value in a base year and a value in the next year,
(b) Has a negative value in the base year and a positive value in the next year.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:45 AM

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Explain how a horizontal analysis is affected if an account (a) Has no value in a base

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a An response cannot be calculated for the percentage change when there is no value in a base ...View the full answer

Financial Accounting Tools for Business Decision Making

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