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
Which of the following types of costs is a product cost for absorption costing but a period cost for variable costing? a. direct labor b. total administrative expense c. fixed factory overhead per unit sold d. variable selling expense e.
Answers (1)
You have $12,500 to invest and you are considering investing in fund x. the fund charges a front-end load of 3 percent and an annual expense fee of 2.25 percent of the ending asset value over the year.
Answers (1)
Which of the following is an example of a sales promotion? A. Pay per click Internet advertising B. A coupon that expires in one month C. A company newsletter D. A permanent price reduction
Answers (1)
The company marketing vice president believes a new sales promotion that costs $ 140 comma 000 would increase sales to 200 comma 000 goggles. Should the company go ahead with the promotion? Give your reason.
Answers (1)
A process costing system is employed in those situations where: many different products, jobs, or batches of production are being produced each period.
Answers (1)
New Questions in Business
For a business credit card, most companies that issue credit, including Visa and Mastercard, specifically state their liability policies: Only cover the first $50.
Answers (1)
In the resource-based view of the firm, examples of tangible resources include: Select one: a. outstanding customer service, innovativeness of products, and reputation b.
Answers (1)
Off-Line Co. has 9,000 units in beginning finished goods. The sales budget shows expected sales to be 36,000 units. If the production budget shows that 42,000 units are required for production, what was the desired ending finished goods?
Answers (1)
g resh bought 1,000 shares of Ibis Corporation stock for $5,600 on January 15, 2017. On December 31, 2019, she sold all 1,000 shares of her Ibis stock for $4,800.
Answers (1)
The last stage of the new-product development process is
Answers (1)