Calculate the Percent Increases for Each of the Following Selected

question 141

Essay

Calculate the percent increases for each of the following selected balance sheet items.
$\begin{array}{c}\begin{array}{|l|}\hline \\\hline \text {Cash}\\\hline \text {Accounts receivable}\\\hline \text {Merchandise inventory}\\\hline \text {Plant assets}\\\hline \text {Bonds payable}\\\hline \text {Equity}\\\hline \end{array}\begin{array}{r|}\hline2018 \\\hline \$ \quad 569 \\\hline 2,234 \\1,062 \\\hline 2,432 \\\hline 1,164 \\\hline 2,777\\\hline \end{array}\begin{array}{r|}\hline2017 \\\hline \$ \quad 448 \\\hline 2,337 \\1,071 \\\hline 2,138 \\\hline 1,666 \\\hline 2,894\\\hline \end{array}\end{array}$

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Definitions:

Availability Heuristic

A prediction about the probability of an event based on the ease of recalling or imagining similar events.

Sternberg's Triarchic

A theory of intelligence that proposes three fundamental aspects: analytical, creative, and practical intelligence.

Gardner's Theory

A theory of multiple intelligences proposed by Howard Gardner, suggesting that individuals have eight or more relatively autonomous intelligences.

Cognitive Psychology

Cognitive psychology is the branch of psychology that studies mental processes including how people think, perceive, remember, and learn.