Multiple Choice
A company's comparative balance sheets show total assets for 2012 and 2011 as $990,000 and $900,000,respectively.What is the percentage change to be reported in the horizontal analysis?
A) Increase of 10%
B) Decrease of 10%
C) Increase of 9%
D) Decrease of 9%
Correct Answer:
Verified
Correct Answer:
Verified
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