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.) Short-term investments. Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable $ Current Year Prior Year $ 377,668 $ 236,390 103,706 90,976 100, 292 0 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year Prior Year 377,668 $ 100,292 0 236,390 103,706 90,976 Denominator: Dollar Change Percent Change % % %

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.) Short-term investments. Accounts receivable Notes payable Percent Change = Short-term investments Accounts receivable Notes payable $ Current Year Prior Year $ 377,668 $ 236,390 103,706 90,976 100, 292 0 Horizontal Analysis - Calculation of Percent Change Numerator: Current Year Prior Year 377,668 $ 100,292 0 236,390 103,706 90,976 Denominator: Dollar Change Percent Change % % %

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Description: Compute the annual dollar changes and percent changes for each of the following accounts. (Decreases should be indicated with aminus sign. Round percent change to one decimal place.)Short-term investmentsAccounts receivableNotes payablePercent Chang

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4BE

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Compute the annual dollar changes and percent changes for each of the following accounts. Current Yr Prior Yr Short-term investments . $374,634 $234,000 Accounts receivable 97,364 101,000 Notes payable 0 88,000