Pinnacle Plus declared and paid a cash dividend of $ in the current year. Its comparative financial statements, prepared at December reported the following summarized information:
Required:
Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements.
a Which account increased by the largest dollar amount?
b Which account increased by the largest percentage?
Complete this question by entering your answers in the tabs below.
Assessment Tool iFran
Req
Req B
Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. Decreases should be indicated by a minus sign. Round percentage values to decimal place.
tablePINNACLE PLUSHorizontal AnalysisCurrent Year,Previous Year,tableIncrease Decreasein the Current year versusPrevious yearAmount,Percentage,Income StatementSles Revenue,$$
