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    College Accounting Study Set 1
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    Exam 22: Analyzing Financial Statements
  5. Question
    To Find the Percent of Increase or Decrease of an Item
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To Find the Percent of Increase or Decrease of an Item

Question 89

Question 89

True/False

To find the percent of increase or decrease of an item in a comparative balance sheet you use the formula: % change = amount of change/base (new year).

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