In a Comparative Balance Sheet, the Ending Cash for 2019

question 79

Multiple Choice

In a comparative balance sheet, the ending Cash for 2019 was $345,000 and is $333,000 for 2020. The net increase or decrease from 2019 to 2020 is: (Round the final answer to two decimal places.)

• A) 96.52%.
• B) 3.48%.
• C) 3.60%.
• D) -3.48%.

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Definitions:

Brentwood Academy

A private Christian coeducational college preparatory school located in Brentwood, Tennessee, USA.

Tennessee Secondary School Athletic Association

An organization that sets the rules and standards for high school athletic competitions in the state of Tennessee.

State Action

Activities or policies undertaken by government bodies or officials in the course of their official duties.

Equal Protection

The constitutional guarantee that the same laws and regulations apply equally to all people, ensuring no individual or group is treated unfairly.