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ch.13-21 - 2 Divide the dollar amount of change by the...

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CH. 17 Financial Statement Analysis Horizontal analysis : the study of percentage changes in comparative statements. 2 steps: 1. Compute the dollar amount of the change from the earlier period to the later period.
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Unformatted text preview: 2. Divide the dollar amount of change by the earlier period amount. We call the earlier period the base period....
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