Complete the following partial comparative balance sheet by filling in the total current assets and percent column; assume no plant and equipment. (Round your answers to the nearest hundredth percent.)         Amount Percent Amount Percent Assets         Current assets:         Cash $9,000   $8,000   Accounts receivable 5,000   7,500   Merchandise inventory 12,000   6,900   Prepaid expenses 7,000   8,000   Total current assets

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Complete the following partial comparative balance sheet by filling in the total current assets and percent column; assume no plant and equipment. (Round your answers to the nearest hundredth percent.)

 

 
 
  Amount Percent Amount Percent
Assets        
Current assets:        
Cash $9,000   $8,000  
Accounts receivable 5,000   7,500  
Merchandise inventory 12,000   6,900  
Prepaid expenses 7,000   8,000  

Total current assets

       
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Calculate the amount of increase or decrease and the percent change of each item

 

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