Question
A business had net income this year of $83,400 and net income the previous year of $54,700. What is the percent increase (to the nearest
A business had net income this year of $83,400 and net income the previous year of $54,700. What is the percent increase (to the nearest tenth of a percent)?
65.6% | ||
34.4% | ||
52.5% | ||
90.6% | ||
26.3%
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Use the following data to calculate the requested ratio or percent (with 1 decimal place): $84,000 cash; $128,000 accounts receivable; $290,000 total current assets; $350,000 total assets; $112,000 total current liabilities; $130,000 total liabilities; $280,000 cost of goods sold; $62,000 beginning inventory; $65,000 ending inventory; $455,000 net sales; $35,000 net income, before tax; $29,000 net income, after tax; and $220,000 stockholder s equity. What is the current ratio?
2.6 | |||||||||||||||||
2.7 | |||||||||||||||||
1.3 | |||||||||||||||||
3.1 | |||||||||||||||||
1.6 Use the following data to calculate the requested ratio or percent (with 1 decimal place): $84,000 cash; $128,000 accounts receivable; $290,000 total current assets; $350,000 total assets; $112,000 total current liabilities; $130,000 total liabilities; $280,000 cost of goods sold; $62,000 beginning inventory; $65,000 ending inventory; $455,000 net sales; $35,000 net income, before tax; $29,000 net income, after tax; and $220,000 stockholder s equity. What is the quick ratio?
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