Ben Merchandise presented the following accounts for 2019 and 2018: P1,238,550.00 (current assets 2019) P1,097,570.00 (current assets 2018) P4,794,845.00 (total assets 2019) P3,975,500.00 (total assets 2018) n the trend analysis, what is the percent change in non-current assets? A 23.57% 20.61% 25.13% 12.84%

SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter8: Property Transactions: Capital Gains And Losses, Section 1231 And Recapture Provisions
Section: Chapter Questions
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Ben Merchandise presented the following accounts for 2019 and 2018:
P1,238,550.00 (current assets 2019)
P1,097,570.00 (current assets 2018)
P4,794,845.00 (total assets 2019)
P3,975,500.00 (total assets 2018)
In the trend analysis, what is the percent change in non-current assets?
A
23.57%
20.61%
25.13%
D
12.84%
Transcribed Image Text:Ben Merchandise presented the following accounts for 2019 and 2018: P1,238,550.00 (current assets 2019) P1,097,570.00 (current assets 2018) P4,794,845.00 (total assets 2019) P3,975,500.00 (total assets 2018) In the trend analysis, what is the percent change in non-current assets? A 23.57% 20.61% 25.13% D 12.84%
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