Which balance sheet line item has the highest percentage increase from the prior year to the current year?
A)Inventory
B)Cash
C)Accounts receivable
D)Prepaid insurance

Question

Which balance sheet line item has the highest percentage increase from the prior year to the current year? 
A)Inventory 
B)Cash 
C)Accounts receivable 
D)Prepaid insurance

Quizplus · Accepted Answer

In order to determine the highest percentage increase, we need to compare the amounts from the prior year and the current year. Without this information, we cannot determine the correct answer. However, assuming we have the necessary information, we would need to calculate the percentage increase for each line item. The line item with the highest percentage increase would be the correct answer.

Which Balance Sheet Line Item Has the Highest Percentage Increase