12-13F x C13 PA13-1 Secure https:/ sluke Bryan New Sor emal What is lung cancer

Question

12-13F x C13 PA13-1 Secure https:/ sluke Bryan New Sor emal What is lung cancer PA13-1 Pnnacle Plus declared and paid a cesh dividend of $6,400 in the current year hs comparative financial statements, prepared at December 31, reported the following summarized information Required: 1. Complete the two final columns shown beside each item in Pinnacle Plus's comparative financial statements. 2-s. Which account increased by the largest dollar amount? ook 2-b. Which eccount increased by the largest percentage? Complete this question by entering your answers in the tabs below. Rea 1 Rea 2A Req 2B Complete the two final columns shown beside each item in Pinnadle Plus's comparative financial statements. (Decreases should be indicated by a minus sign, Round percentage values to 1 decimal place) Horteontal Analysis ncrease (Decrease Previous yean Income Statement a Ravenue 122.000 107 400 54 400

Explanation / Answer

1) Horizontal Analysis Current Previous Amount percentage year year Income Statement Sales Revenue 122,000 107,400 14,600 13.6% Cost of goods sold 54,400 49,200 5,200 10.6% 2-a) Sales revenue increased by largest dollar value 2-b) Sales revenue increased by largest percentage

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