FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:Waller Company does business in two regional segments: North and South. The following annual revenue information was determined from the accounting system's
invoice data:
Current Year
Prior Year
Segment
North
South
$ 80,000
260,000
$100,000
200,000
Total revenues
$340,000
$300,000
Using horizontal analysis, determine the percentage change in revenues for the North region.
Round to one decimal place.
Oa. (20.0)%
Ob. (22.4)%
Oc. 22.4%
Od. 20.0%
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