11) What is the formula for determining the percentage change in an account from one year to the next year? 12) Determining the percentage changes in line items on financial statements for two...







11) What is the formula for determining the percentage change in an account from one year to the next year?







12) Determining the percentage changes in line items on financial statements for two consecutive years is called __________ analysis.







13) A comparison of the amounts for the same item in the financial statements of two or more periods is called __________ analysis.





14) Kacee's sales were $13,444 in 2010 and $12,898 in 2009. The percentage change in Kacee's sales from 2009 to 2010 was __________.







15) Tayler Company's cash reported on the balance sheets for 2009 and 2010 was as follows: $235,000 in 2009; $245,300 in 2010. The percentage change for cash from 2009 to 2010 was __________.







16) Rick's Sporting Goods reported $23,400 in A/R in 2010 and $25,100 in A/R in 2009. The percentage change for A/R from 2009 to 2010 was __________.







17) If cash is $4,450 in 2010 and $3,670 in 2009, what is the percentage increase or decrease from 2009 to 2010?







18) Net income was $45,000 in 2009 and $60,000 in 2010. The percentage increase or decrease in net income from 2009 to 2010 was __________.









May 15, 2022
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