Explain changes from one year to another for each account


Problem

What are the accounts (not totals, but accounts i.e. net income is a total, wage expense is an account) that catch your attention compared to the previous year's income statement? List at least 3 and briefly explain why you selected each one. (Total Expenses or Net Income are not accounts, they are totals or labels for totals.) Explanation must say more than the figure increased or decreased, why would that be of interest?

i. Depreciation and amortization: in 2022 it was 2,895 and in 2021 it was 2,725 (increase)
ii. Administrative Expense: 24.2% in 2022 and 22.6% in 2021 (increase)
iii. Non-operating income, net in 2022 it is 460 in 2021 it was 83. (increase)

What could explain the changes from one year to another for each account selected in number 2? Your answer explains the why it changed, not how much it changed. Your reasons must be supported by data provided in the company's annual report.

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Financial Accounting: Explain changes from one year to another for each account
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