In: Accounting
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!
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% | 
