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Pinnacle Plus declared and paid a cash dividend of $ 6 , 5 0 0 in the current year. Its comparative financial statements, prepared at
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?
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Req B
Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. 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,Percentage,Income StatementSles Revenue,$$
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