What was the percentage of change in Accounts Receivable if the balance was $80,000 in 2013 and $60,000 in 2014? A. 25% B. 33.33% C. -25% D. -33.33%
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- b. By what percentage did the net income grow each year? For example, revenues (increased or decreased) in 2013 x 10.02% however, cost of goods sold (declined or increased) by 7.70%. *Use the Data Table*2018 2017 Sales 156,297 143,756 Net Income 26,782 38,129 What was the percentage change for each of these income statement line items? Do these changes look normal or do they raise a question? ExplainM7Q1 Redo
- The current ratio for the following is ..... Group of answer choices .43 .23 .73 .53Assume Metro Company had a net income of $2,100 for the year ending December 2018. Its beginning and ending total assets were $30,000 and $18,000, respectively. Calculate Metro's return on assets (ROA). (Round your percentage answer to two decimal places.) A. 7% B. 11.67% C. 4.38% D. 8.75%a. By what percentage did Mydeco’s revenues grow each year from 2013 to 2016? *Use the Data Table*
- .ACCOUNTING ASAP Assume the following data: EBIT = 100; Depreciation = 40; Interest = 20; Dividends = 10. Calculate the cash coverage ratio. Select one: a. 7.0x b. 4.7x c. 14.0x d. 5.0xNet income was $364,000 in 2017 and $418,600 in 2018. The year- to-year percent change in net income is: Group of answer choices 15%. 13%. $54,600. 87%.