Perform horizontal analysis using given data

Reference no: EM131837495

Question: 1. On January 1, 2017, Bryce Inc. changed from the LIFO method of inventory pricing to the FIFO method. Explain how this change in accounting principle should be treated in the company's financial statements.

2. Using these data from the comparative balance sheet of Rollaird Company, perform horizontal analysis.

Reference no: EM131837495

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