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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   $ 379,006     $ 237,965   Accounts receivable     101,137       105,306   Notes payable     0       92,802             Horizontal Analysis - Calculation of Percent Change   Choose Numerator: / Choose Denominator:   Percent Change =   /       Current Year Prior Year Dollar Change Percent Change Short-term investments $379,006 $237,965     % Accounts receivable 101,137 105,306     % Notes payable 0 92,802     %

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   $ 379,006     $ 237,965   Accounts receivable     101,137       105,306   Notes payable     0       92,802             Horizontal Analysis - Calculation of Percent Change   Choose Numerator: / Choose Denominator:   Percent Change =   /       Current Year Prior Year Dollar Change Percent Change Short-term investments $379,006 $237,965     % Accounts receivable 101,137 105,306     % Notes payable 0 92,802     %

FINANCIAL ACCOUNTING
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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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   $ 379,006     $ 237,965  
Accounts receivable     101,137       105,306  
Notes payable     0       92,802  
 
 
 
 
 
Horizontal Analysis - Calculation of Percent Change
  Choose Numerator: / Choose Denominator:  
Percent Change =   /    
  Current Year Prior Year Dollar Change Percent Change
Short-term investments $379,006 $237,965     %
Accounts receivable 101,137 105,306     %
Notes payable 0 92,802     %
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