cept Overview Videos i Compute the annual dollar changes and percent changes for each of the following accounts. Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place. Short-term investments. Accounts receivable Notes payable Percent change = Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Short-term investments Accounts receivable Notes payable Current Year $ 374,634 97,364 0 $ Prior Year $ 234,000 101,000 88,000 Answer is not complete. Horizontal Analysis - Calculation of Percent Change Numerator: Current year minus base year Current Year 374,634 97,364 0 Saved 1 1 Prior Year $ 234,000 101,000 88,000 Denominator: Base year amount Dollar Change Percent Change % % % Help
cept Overview Videos i Compute the annual dollar changes and percent changes for each of the following accounts. Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place. Short-term investments. Accounts receivable Notes payable Percent change = Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Short-term investments Accounts receivable Notes payable Current Year $ 374,634 97,364 0 $ Prior Year $ 234,000 101,000 88,000 Answer is not complete. Horizontal Analysis - Calculation of Percent Change Numerator: Current year minus base year Current Year 374,634 97,364 0 Saved 1 1 Prior Year $ 234,000 101,000 88,000 Denominator: Base year amount Dollar Change Percent Change % % % Help
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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
Transcribed Image Text:ncept Overview Videos i
Compute the annual dollar changes and percent changes for each of the following accounts.
Note: Decreases should be indicated with a minus sign. Round percent change to one decimal place.
Short-term investments
Accounts receivable
Notes payable
Percent change =
Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion.
Short-term investments
Accounts receivable
Notes payable
Current Year
$ 374,634
97,364
0
$
Prior Year
$ 234,000
101,000
88,000
X Answer is not complete.
Horizontal Analysis - Calculation of Percent Change
Numerator:
1
Current year minus base year
1
Prior
Current Year
Year
$ 234,000
101,000
88,000
Saved
374,634
97,364
0
Denominator:
Base year amount
Dollar Change
Percent Change
%
%
%
Help
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