Question

In: Accounting

Perform a horizontal analysis for Mazzic Inc. Use 2010 as the base year. Do not enter...

Perform a horizontal analysis for Mazzic Inc. Use 2010 as the base year.

Do not enter dollar signs or commas in the input boxes.
Round your answers to 2 decimal places.

Mazzic Inc.
In Millions of Dollars
2013 2012 2011 2010
Revenue $468 $356 $252 $197
Revenue Ratio Answer% Answer% Answer% 100%
Net Income $239 $196 $142 $89
Net Income Ratio Answer% Answer% Answer% Answer%

I have calculated everything but the something with the roundup must be wrong. Thank you!

Solutions

Expert Solution

Solution:

Mazzic Inc.
In Millions of Dollars
2013 2012 2011 2010
Revenue 468 356 252 197
Revenue Ratio 237.56% 180.71% 127.92% 100.00%
Net Income 239 196 142 89
Net Income Ratio 268.54% 220.22% 159.55% 100.00%


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