Cornerstones of Financial Accounting
4th Edition
ISBN: 9781337690881
Author: Jay Rich, Jeff Jones
Publisher: Cengage Learning
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Question
The comparative current liabilities balances for December 31, end of the year, for a company are provided below.
|
2016 |
2015 |
Current liabilities |
$180,000 |
$150,000 |
Based on this information, what is the percentage of increase or decrease that would be shown in a
Group of answer choices
(20.0%)
2.0%
20.0%
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