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25 points 1 202015 Tiger Audio declared and paid a cash dividend of $5,925 in the current year. Its comparative financial statements, prepared at
25 points 1 202015 Tiger Audio declared and paid a cash dividend of $5,925 in the current year. Its comparative financial statements, prepared at December 31, reported the following summarized information: Required: 1. Complete the two final columns shown beside each item in Tiger Audio's comparative financial statements. 2-a. Which account increased by the largest dollar amount? 2-b. Which account increased by the largest percentage? Complete this question by entering your answers in the tabs below. Book Req 1 Req 2A Req 28 References Complete the two final columns shown beside each item in Tiger Audio's comparative financial statements. (Decreases should be indicated by a minus sign. Round percentage values to 1 decimal place.) Income Statement Sales Revenue Cost of Goods Sold Gross Prof Operating Expenses Interest Expense TIGER AUDIO Horizontal Analysis Current Previous $224,000 $ 105.000 129.650 112.200 94.350 73,600 40.400 34.130 4.400 3.030 Increase (Decrease) in Current (versus Previous) Amount Percentage
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