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.
Req
Complete the two final columns shown beside eactr item in Pinnacle Plus's comparative financial statements.
Note: Decreases should be indicated by a minus sign. Round percentage values to decimal place.
tablePINNACLE PLUSHorizontal Analysis,,,
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.
Req
Req A
Req
Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements.
Note: 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,PercentageIncome Statement,,,,