Question: a. (2 points) Open the Pinnacle income statement, which is located in the Pinnacle Income Statement worksheet of the Pinnacle_Financials Excel file. Use the income
a. (2 points) Open the Pinnacle income statement, which is located in the Pinnacle Income Statement worksheet of the Pinnacle_Financials Excel file. Use the income statement information to prepare a common-size income statement for all three years. See Figure 8-4 in Pinnacle_Financials Excel file for an example. Use the information to identify accounts for which you believe there is a concern about material misstatements. Use a format similar to the following
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