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Exercise 14.1 (Static) Percentage Changes (LO14-1) Selected information taken from the financial statements of Wiley Company for two successive years follows. a. Accounts receivable
Exercise 14.1 (Static) Percentage Changes (LO14-1) Selected information taken from the financial statements of Wiley Company for two successive years follows. a. Accounts receivable b. Marketable securities c. Retained earnings d. Notes receivable e. Notes payable f. Cash g. Sales $ Year 2 126,000 $ Year 1 160,000 250,000 80,000 160,000 120,000 890,000 800,000 84,000 970,000 80,000 910,000 Compute the percentage change from year 1 to year 2 whenever possible. (Round your answers to the nearest whole percent. l.e. 1.2345 as 123%. Leave no cell blank; If the percentage change cannot be calculated, select "N/A" from the dropdown and enter "O".) a. Accounts receivable 96 b. Marketable securities % C. Retained earnings % d. Notes receivable % e. Notes payable % f. Cash 96 g- Sales %
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