At the End of This Year the Full Glass Company

question 22

Multiple Choice

At the end of this year the Full Glass Company has cash of $100,000, accounts receivable of $200,000, inventory of $300,000, total property, plant, and equipment of $300,000 and total assets of $1,000,000. The corresponding figures at the end of last year were $65,000, $140,000, $225,000, $250,000 and $730,000 respectively. What is the percentage change in patents?

• A) 20%
• B) 43%
• C) 50%
• D) 54%
• E) 100%

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