In: Accounting
Calculate the changes in the figures provided over the successive financial years.
The change is calculated by deducting the current year amount from the previous amount. Then the difference is shown as a percentage of the previous year value.
A positive difference means that there has been an increase, and a negative one signifies a negative one.
Particulars
|
2021
|
2022
|
Difference
|
Percentage
of Change
|
Increase / Decrease
|
Accounts Receivable
|
|
|
|
44.78%
|
Increase
|
Retained Earnings
|
|
|
|
337%
|
Increase
|
Sales Revenue
|
|
|
|
18.8%
|
Increase
|
Operating Expenses
|
|
|
|
-22.13%
|
Decrease
|
Income Taxes Payable
|
|
|
|
17.99%
|
Increase
|
Accounts Receivable: Increase 44.78%
Retained Earnings: Increase 337%
Sales Revenue: Increase 18.8%
Operating Expenses: Decrease 22.13%
Income Taxes Payable: Increase 17.99%