Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

تمرين 24

Analyzing Financial Statements Using Horizontal Analyses
The comparative financial statements prepared at December 31, 2013, for Pinnacle Plus showed the following summarized data:

Required:
1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. Round the percentages to one decimal place.
2. Which account increased by the largest dollar amount Which account increased by the largest percentage