Solved

Calculate the Percent Increase or Decrease for Each of the Following

Question 86

Essay

Calculate the percent increase or decrease for each of the following financial statement items:
20112010 Cash $37,500$30,000 Accourits receivable 63,00052,500 Inventory 67,50090,000 Accounts payable 35,10027,000 Sales 187,500150,000 Equipment 165,000125,000\begin{array} { | l | r | r | } \hline & \underline { 2011 } &{ \underline { 2010 } } \\\hline \text { Cash } & \$ 37,500 & \$ 30,000 \\\hline \text { Accourits receivable } & 63,000 & 52,500 \\\hline \text { Inventory } & 67,500 & 90,000 \\\hline \text { Accounts payable } & 35,100 & 27,000 \\\hline \text { Sales } & 187,500 & 150,000 \\\hline \text { Equipment } & 165,000 & 125,000 \\\hline\end{array}

Correct Answer:

verifed

Verified

\[\begin{array} { | l | c | r | }
\hlin...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions