True/False
In a horizontal analysis, if there is a negative amount in the base year and a positive amount in the next year, then no percentage change can be calculated.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: A company can increase its free cash
Q8: Inventory turnover measures the average number of
Q9: A shareholder is interested in the ability
Q10: Net sales are $1,500,000, beginning total assets
Q12: Lancaster Landscaping Limited reported the following
Q13: Horizontal analysis will measure the percentage change
Q14: The receivables turnover is used to assess
Q15: Most companies with stable earnings have a
Q16: An increase in a company's gross profit
Q175: Horizontal analysis is appropriately performed<br>A) only on