Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Prior Year Current Year $379,978 102,001 $238,900 105,802 93,770 Short-term investments Accounts receivable Notes payable Horizontal Analysis - Calculation of Percent Change Choose Numerator: Choose Denominator: Percent Change = Current Year Prior Year Dollar Change Percent Change Short-term investments 24 379,978 $ 238,900 Accounts receivable 102,001 105,802 93,770 Notes payable

Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with a minus sign. Round percent change to one decimal place.) Prior Year Current Year $379,978 102,001 $238,900 105,802 93,770 Short-term investments Accounts receivable Notes payable Horizontal Analysis - Calculation of Percent Change Choose Numerator: Choose Denominator: Percent Change = Current Year Prior Year Dollar Change Percent Change Short-term investments 24 379,978 $ 238,900 Accounts receivable 102,001 105,802 93,770 Notes payable

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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