Question: Horizontal Analysis Total assets were $ 6 0 0 , 0 0 0 in 2 0 1 6 , $ 4 9 5 , 0

Horizontal Analysis
Total assets were $600,000 in 2016, $495,000 in 2015, and $570,000 in 2014.
What was the percentage change from 2014 to 2015 and from 2015 to 2016? Was the char increase or a decrease?
Use a negative sign with your arrswer(s) to reflect if the change is was a decrease.
Round answers to one decimal place. Ex: 0.2345=23.5%
% change from 2014 to 2015
13.2%
 Horizontal Analysis Total assets were $600,000 in 2016, $495,000 in 2015,

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!