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.)Current YearPrior YearShort-term investments$374,634$234,000101,e0088,000Accounts receivable97,364Notes payableHorizontal Analysis - Calculation of Percent ChangeChoose Numerator:Choose Denominator:Percent change =Current YearPrior YearDollar ChangePercent ChangeShort-term investments24374,634 $ 234,000Accounts receivable97,364101,000Notes payable88,000< Prev2 of 14Next >

Percentage change = (prior year value - Current year value) /prior year value

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.) Current Year Prior Year Short-term investments $374,634 97,364 $234,000 Accounts receivable Notes payable 101, еее 88,e00 Horizontal Analysis - Calculation of Percent Change Choose Numerator: Choose Denominator: Percent change = Current Year Prior Year Dollar Change Percent Change % 374,634 $ 234,000 101,000 Short-term investments 24 Accounts receivable 97,364 % Notes payable 88,000 %

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.) Current Year Prior Year Short-term investments $374,634 97,364 $234,000 Accounts receivable Notes payable 101, еее 88,e00 Horizontal Analysis - Calculation of Percent Change Choose Numerator: Choose Denominator: Percent change = Current Year Prior Year Dollar Change Percent Change % 374,634 $ 234,000 101,000 Short-term investments 24 Accounts receivable 97,364 % Notes payable 88,000 %

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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