Question
Horizontal analysis looks at the percentage change from the current period to the prior period for line items in the income statement or balance sheet.
Horizontal analysis looks at the percentage change from the current period to the prior period for line items in the income statement or balance sheet.
Think about a movie, TV show, or story. Determine 3 income statement line items that relate to your story (1 revenue and 2 expenses). Imagine what would happen to that item in the following year. Would it increase or decrease? Why?
An example is given below. I need like this.
For your responses to posts, suggest the alternative change to one line item and why. So for example, I might suggest that forest animals take over cleaning at the castle and costs actually decrease.
For my example, I will use Snow White. Increase/Decrease om prioryear Revenue from apple sales After Snow is poisoned, residents stop buying apples Forest animals who helped cleaned are replaced with castle personnel Magic Mirror guy has to work overtime keeping Snow up to date as to who is the fairest. DECREASE Cleaning expense INCREASE Magic Mirror expense INCREASEStep by Step Solution
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