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Good Evening, Need assistance with the following problem. Having difficulty. Thank you. use the following comparative balance sheet to calculate the horizontal percentages (i.e., percentage
Good Evening, Need assistance with the following problem. Having difficulty. Thank you.
use the following comparative balance sheet to calculate the horizontal percentages (i.e., percentage increase or decrease) for the items below. 1. Cash 2. Accounts payable 3. Retained earnings 4. Total assets Enter your answers in the order presented. That is, enter your answer for the first item in the first box, the second item in the second box, etc. You do not need to show calculations. Just enter your answer only. Round percentages to 1 decimal place (e.g., 65.4%) and use a negative sign for negative percentages. Don't forget to include a % sign. Cash Accounts receivable Short-term investments Current assets Equipment, net of depreciation Land Total assets Accounts payable Wages payable Short-term revolving bank loan 2017 5138,271 109, 847 65,829 513,947 289,713 123,984 527,644 587,628 14,920 94,271 2016 5132,832 107,328 64,283 304, 292,746 121,842 519,031 589,727 14,866 93,718
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