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If Current Assets Were $88,000 in 20X7 and $100,000 in 20X8,what

Question 96

Multiple Choice

If current assets were $88,000 in 20X7 and $100,000 in 20X8,what was the amount of increase or decrease? (Round to nearest percent. )

A) The percentage increase is 14%.
B) The percentage decrease is 12%.
C) The percentage decrease is 14%.
D) The percentage increase is 12%.

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