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what timeframe is considered in horizontal analysis? question 6 options: a) one specified date b) the present date and a specified period in the immediate future c) a given period of time d) the current year

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Final answer:

The timeframe considered in horizontal analysis is a given period of time, typically multiple years, to analyze trends and changes in a company's financial performance.

Step-by-step explanation:

The timeframe considered in horizontal analysis is option (c) a given period of time. It involves comparing financial data or performance indicators over a specified period, typically multiple years, to identify trends, patterns, and changes in a company's financial performance. This helps in analyzing the company's growth, efficiency, profitability, and financial stability over time. For example, comparing the revenue, expenses, and net income of a company for the last five years can provide insights into its overall financial performance and any significant changes that have occurred.

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