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?
Find 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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A firm is weighing three capacity alternatives: small, medium, and large job shop. Whatever capacity choice is made, the market demand for the firm's product can be "moderate" or "strong.
Answers (1)
Is it better to have assets or liabilities
Answers (1)
Discuss three important applications of data communication networks in business and personal use.
Answers (1)
A b2b buy-side marketplace typically uses what kind of auction
Answers (1)
Stan's pay is $64 a day. Taxes of $13 a day are taken out of his pay. How much pay does Stan take home for working 5 days?
Answers (2)
New Questions in Business
Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $ 39 comma 000 to purchase equipment. The equipment will have a residual value at the end of its life of $ 2 comma 000.
Answers (1)
We Do Bankruptcies is a law firm that specializes in providing advice to firms in financial distress. It prospers in recessions when other firms are struggling. Consequently, its beta is negative, - 0.2. a.
Answers (1)
Maria's initial project budget was increased from $16,000 to $18,000. What was the variance from the initial budget? A. - 12.50% B. 88% C. 11% D. 12.50%
Answers (1)
Manner, Inc. has 5,000 shares of 5%, $100 par value, noncumulative preferred stock and20,000 shares of $1 par value common stock outstanding at December 31, 2010. Therewere no dividends declared in 2009.
Answers (1)
Which of the following is not a major determinant of the price elasticity of demand? A. availability of close substitutes B. proportion of income spent on the good C. amount of time that has elapsed since the price change D.
Answers (1)