Horizontal analysis measures:

the increase or decrease in an account over a period of time

the portion of a base figure that the given figure is

None of the choices are correct

the amount of tax due after dividend payment

Question $15$

$1$

Point

Which of the following IS TRUE of financial analysis?

None of the above

Horizontal analysis expresses line items as a percent of a common base number.

Ratio analysis is more important than vertical and horizontal analysis.

Vertical analysis compares amounts on one year$$s statements to another year$$s statements.