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Homework answers / question archive / Louisiana State University, Shreveport ACCT 701 CHAPTER 17 1)(T / F) Horizontal analysis is the calculation of dollar changes or percentage changes in comparative statement items or totals
Louisiana State University, Shreveport
ACCT 701
CHAPTER 17
1)(T / F) Horizontal analysis is the calculation of dollar changes or percentage changes in comparative statement items or totals. Use of this analysis helps detect changes in a company's performance and highlights trends.
balance sheet. If the Current Ratio is 1 and the Quick Ratio is 0.8, inventory equals 20% of current liabilities.
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