If current assets were $100,000 in 20x7 and $88,000 in 20x8, what was the amount of increase or decrease?
Question 20 options:
The percentage decrease was 13.64%.
The percentage increase was 13.64%.
The percentage decrease was 12%.
The percentage increase was 12%.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If current assets were $100,000 in 20x7 and $88,000 in 20x8, what was the amount of increase or decrease? Question 20 options: The ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Firms use four basic strategies to compete in the international environment. These are: A. an international strategy, a localization strategy, a global strategy, and a transnational strategy B.
Answers (1)
True or false. qualitative or categorical data cannot be measured on a natural numerical scale; they can only be classified into one of a group of categories.
Answers (1)
Bulldog, Inc. has budgeted sales for the first quarter of the next year to be 40,000 units. The inventory on hand at the beginning of quarter is 10,000 units. The desired ending inventory is 1000 units.
Answers (1)
A nation has a workforce of 500 workers. In every month, 10 workers leave jobs, and 10 different workers find jobs. However, there are also 20 workers who lack the skills to be employed, and thus remain unemployed throughout the year.
Answers (1)
Using the concept of the time value of money, write an argument in favor of shopping for a good interest rate.
Answers (2)
New Questions in Business
During its first and second years of operations, Rogers Company, a corporation using a periodic inventory system, made undiscovered errors in taking its year-end inventories that overstated year 1 ending inventory by $80,000 and overstated year 2
Answers (1)
3 Which of the following is a contribution of ancient Roman culture?
Answers (1)
Kevin and Maria are building their portfolios. Kevin purchases shares in a mutual fund and pays fees to a manager who actively manages the mutual fund's portfolio.
Answers (1)
Beth has just been hired as a cocktail waitress. she must be certified as a seller-server within:
Answers (1)
Ashbury Corporation reports 2016 and 2017 total revenues of $90.0 million and $100.8 million respectively. If we expect prior growth to persist, we would forecast a revenue growth rate of:A. 15%B. 12%C. 24%D. 9%E. None of the above
Answers (1)