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Alona
2 months ago
8

When performing a horizontal analysis on an income​ statement, the percentage change in any individual item is calculated by div

iding the dollar amount of the change from the base period to the current period by
A. the average of the base and the current period amounts.
B. the amount estimated for the future period.
C. the base period amount.
D. the current period amount.
Mathematics
1 answer:
lawyer [12.5K]2 months ago
4 0

Answer: C. the amount for the base period.

Explanation: When conducting a horizontal analysis on a particular income statement, the percentage change for any individual item is determined by dividing the dollar change between the base period and the current period by the base period amount.

As such, the correct choice here is (c)

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