Question: Comparative information taken from the Tyla Waters Company financial statements is shown below: 2024 2023 (a) Cash P 20,000 P 10,000 (b) Accounts receivable 182,000 140,000 (c) Retained earnings 30,000 (40,000) (d) Income taxes payable 45,000 20,000 (e) Sales 900,000 750,000 (f) Operating expenses 170,000 200,000
Required: Using horizontal analysis, show the percentage change from 2023 to 2024.