Question: Compute the annual dollar changes and percent changes for each of the following items. Cash Accounts receivable Equipment, net Land Total assets Navigation: Current
Compute the annual dollar changes and percent changes for each of the following items. Cash Accounts receivable Equipment, net Land Total assets Navigation: Current Year Prior Year $ 7,440 $ 8,000 54,000 18,000 44,000 40,000 91,680 66,000 $ 197,120 $ 132,000 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. Required: Compute the annual dollar changes and percent changes for each of the following items. Round percent change to 1 decimal place. Current Year Prior Year Dollar Change Percent Change Cash $7,440 $8,000 Accounts receivable 54,000 18,000 Equipment, net 44,000 40,000 Land 91,680 66,000 Total assets $197,120 $132,000
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1 Cash Dollar Change Current Year Cash Prior Year Cash 7440 8000 560 The negative value indicates a decrease in cash from the prior year to the curren... View full answer
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