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QUESTION 4 How do you calculate the horizontal analysis on an income statement?...

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Accounting

QUESTION 4
How do you calculate the horizontal analysis on an income statement?
A.
divide each line by net sales for each year
B.
calculate the quick ratio for each line
C.
Take the cy minus py amount for each line. Then divide that amount by the prior year amount.
D.
Subtract py amount from cy amount of each line

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