If we invest money for 10 years at 8% interest, compounded semi-annually, we are really investing money for 20 six-month periods, during which we receive 4% interest each period

Materials Requirement Planning (MRP)

What will be an ideal response?

Which of the following statements is true regarding horizontal analysis?

A) It can only be used with balance sheet accounts. B) It can only be used with income statement accounts. C) It expresses each financial statement line item as a percent of the largest amount on the statement. D) It expresses each financial statement line item as a percent of the earliest year amount.