1 year ago
THE ANSWER DISPLAYED FOR THIS PROBLEM ON THIS PAGE IS WRONG.THE FORMULA FOR VERTICAL IS AMOUNT / PREVIOUS YEAR OR(BASE YEAR) X 100. THE ANSWER IS WRONG BECAUSE THE PREVIOUS PERSON POSTED A HORIZONTAL ANALYSIS:present year - previous year x 100...SO THE ANSWER DISPLAYED IS WRONG CAUSE THEY DID HORIZONTAL AND NOT VERTICAL !!
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