Multiple Choice
If current assets were $100,000 in 20x7 and $88,000 in 20x8,what was the amount of increase or decrease? (round to nearest percent) :
A) The percentage increase is 13.64%.
B) The percentage decrease is 12%.
C) The percentage decrease is 13.64%.
D) The percentage increase is 12%.
Correct Answer:
Verified
Correct Answer:
Verified
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