Please answer this question: *the explanations of decreases and increases of the accounts on the financial statement as the financial analyses indicate * Fixed assets 1. Lands 1997 = 120.000, Lands 1996 = 120.000, change volume = (0) percentage change = (0) 2. Net value of machinery after depreciation 1997= 75.000 Net value of machinery after depreciation 1996= 80.000 Change volume = 5.000 percentage change = (6.3%)
Please answer this question: *the explanations of decreases and increases of the accounts on the financial statement as the financial analyses indicate * Fixed assets 1. Lands 1997 = 120.000, Lands 1996 = 120.000, change volume = (0) percentage change = (0) 2. Net value of machinery after depreciation 1997= 75.000 Net value of machinery after depreciation 1996= 80.000 Change volume = 5.000 percentage change = (6.3%)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please answer this question:
*the explanations of decreases and increases of the accounts on the financial statement as the financial analyses indicate
* Fixed assets
1. Lands 1997 = 120.000,
Lands 1996 = 120.000,
change volume = (0)
percentage change = (0)
2. Net value of machinery after depreciation 1997= 75.000
Net value of machinery after depreciation 1996= 80.000
Change volume = 5.000
percentage change = (6.3%)
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