When performing horizontal analysis, the percentage change in total assets would be expressed as 25%.
An asset is considered a resource of the business which has an economic value in the future of the business and helps business activities to take place smoothly. This refers as owning of the bsuiness to carry functioning in nature. It is both fixed and current assets.
The calculation for horizontal analysis-
Percent change in total assets=[(Amount in Comparison Year – Amount in Base Year) / Amount in Base Year] * 100
=[($250,000-$200,000)/$200,000}*100
=(25000/200000)*100
=25%
Therefore 25% will be a percentage change in total assets.
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