Multiple Choice
How is the percentage change (for horizontal analysis) for sales from 2016 to 2017 computed?
A) Year 2017 sales ÷ Year 2016 sales
B) (Year 2017 sales - Year 2016 sales) ÷ Year 2016 sales
C) (Year 2017 sales - Year 2016 sales) ÷ Year 2017 sales
D) (Year 2017 sales ÷ Year 2016 sales) × 100
Correct Answer:
Verified
Correct Answer:
Verified
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