When conducting comparative analysis by reviewing consecutive balance sheets,
A. all items on the balance sheet in Year t must be divided by their corresponding value in Year t-1 and subtract 1.
B. all items on the balance sheet in Year t-1 must be subtracted from their corresponding value in Year t.
C. all items on the balance sheet in Year t must be divided by net income in Year t-1.
D. Both A and B are correct.
Answer: D
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.