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3 May, 21:59

Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Current Year Prior Year Short-term investments $ 380,834 $ 240,061 Accounts receivable 103,020 106,337 Notes payable 0 94,802

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  1. 4 May, 01:24
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    The computation is shown below:

    (A) (B) (A - B)

    Current Year Prior Year Dollar change

    Short-term investments $380,834 $240,061 $140,773

    Accounts receivable $103,020 $106,337 - $3,317

    Notes payable $0 $94,802 - $94,802

    Now the percentage change would be

    = (A - B) : (B) * 100

    For Short-term investments = 58.64%

    For Accounts receivable = - 3.12%

    For Notes payable = - 100%
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