Tarzwell Limited is preparing some analysis of past financial performance and positions to include in the management discussion and analysis (MD&A) portion of the annual report to shareholders. You have suggested that it would be useful for users of the MD&A to include a trend analysis of key balances. You have asked your assistant to analyze the proportion of the percentage increase in each year’s sales compared with the percentage change in net income and in total assets over the past five fiscal years. The following table provides amounts reported on the past five years’ financial statements that will be used in the analysis (in $000).
Instructions
Calculate the percentage change in each of the three elements for each year. Round to one decimal place. Graph the results using an Excel bar chart.
