21. Ethical behavior is a. always doing what benefits yourself regardless of the consequences to others affected by your decision. b. always choosing the behavior that will harm the least number of stakeholders. c. knowing right from wrong and conducting yourself accordingly so that your decisions are consistent with your own value system and the values of those affected by your decisions. d. knowing right from wrong and conducting yourself accordingly so that your decisions are made to benefit others affected by your decisions rather than yourself. 22. Rather than looking only at the balances reported on the financial statements, it is helpful to look at the changes in the account balances over time. This is called a. common analysis. b. vertical analysis. c. horizontal analysis. d. benchmarking 23. Horizontal analysis is a. looking at the changes in the account balances reported on a financial statement over time. b. looking at the changes in the account balances within a financial statement for one year. c. preparing an analysis of the profitability ratios in columns. d. looking at the changes in the account balances within a financial statement for three years. 24. Turbo Company's accounts receivable account balance was $100,000 at the beginning of the year and $120,000 at the end of the year. Turbo's percentage change calculation at the end of the current year is a. 16.7% decrease. b. 16.7% increase. c. 20% decrease. d. 20% increase. 25. Assume that the accounts receivable balances are $110,000, $112,000 and $116,000 for 2021, 2022, and 2023, respectively. The trend percentage for 2023 is a. 3.6%. b. 5.5%. c. 103.6%. d. 105.5%