ACCT 2220 Chapter 14: Accounting chapter 14

• School: University of Guelph
• Department: Accounting
• Course: ACCT 2220
• Professor: Ron Baker

Document Summary

Discontinued operations: the disposal, or availability for sale, of a separate component of an entity. Hudson"s bay operates many stores under several names hudson"s bay company, Home out tters (canada) and lord & taylor (u. s. ). They used to own zellers in canada, but cut them down or sold them as a strategic method to shift the company into a higher priced retail segment. Horizontal analysis: a technique in evaluating a series of nancial statement data over a period of time to determine the increase (decrease) that has taken place. This increase (decrease) is expressed either an amount of a percentage: compares data across years, used in intracompany comparisons (within company, useful for detecting trends. Horizontal percentage of a base-period amount: a percentage measuring the change since a base year (or period), normally involving more than one year (period: amount for speci c year / base-year amount.