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Question
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:
| Segment | Current Year | Prior Year |
| North | $ 80,000 | $100,000 |
| South | 260,000 | 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.
a. 22.4%
b. (20.0)%
c. 20.0%
d. (22.4)%
Answer
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