Question: the inventory for msft in 2 0 2 3 was 2 5 0 0 and in 2 0 2 2 was 3 7 4 2

the inventory for msft in 2023 was 2500 and in 2022 was 3742
total assets were 184257 in 2023 and 169,684 in 2022
inventory stated as a perentage of total assets would be 1.36% in 2023 and 2.21% in 2022.
what is the rate of change formula for the percentages?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!