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ash Ccounts receivable quipment, net and tal assets Current Year $7,440 54,000 44,000 91,680 $197,120 Prior Year $8,000 18,000 40,000 66,000 $132,000 equired: ompute the annual dollar changes and percent changes for each of the following items.

ash Ccounts receivable quipment, net and tal assets Current Year $7,440 54,000 44,000 91,680 $197,120 Prior Year $8,000 18,000 40,000 66,000 $132,000 equired: ompute the annual dollar changes and percent changes for each of the following items.

EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter16: Working Capital Policy And Short-term Financing
Section: Chapter Questions
Problem 10P
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Cash Accounts receivable Equipment, net Land Total assets Current Year $7,440 54,000 44,000 91,680 $197,120 Prior Year $8,000 18,000 40,000 66,000 $132,000 Required: Compute the annual dollar changes and percent changes for each of the following items. (Use cells A2 to C7 from the given information to complete this question. Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.)
Transcribed Image Text:Cash Accounts receivable Equipment, net Land Total assets Current Year $7,440 54,000 44,000 91,680 $197,120 Prior Year $8,000 18,000 40,000 66,000 $132,000 Required: Compute the annual dollar changes and percent changes for each of the following items. (Use cells A2 to C7 from the given information to complete this question. Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.)
(Use cells A2 to C7 from the given information to complete this question. Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.) Percent change: Horizontal Analysis - Calculation of Percent Change Numerator: Cash Accounts receivable Equipment, net Land Total assets Current Year $7,440 54,000 44,000 91,680 $197,120 / Prior Year $8,000 18,000 40,000 66,000 $132,000 Denominator: Dollar Change Percent Change
Transcribed Image Text:(Use cells A2 to C7 from the given information to complete this question. Decreases should be entered with a minus sign. Round your percentage answers to one decimal place.) Percent change: Horizontal Analysis - Calculation of Percent Change Numerator: Cash Accounts receivable Equipment, net Land Total assets Current Year $7,440 54,000 44,000 91,680 $197,120 / Prior Year $8,000 18,000 40,000 66,000 $132,000 Denominator: Dollar Change Percent Change
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