If Current Assets Were $100,000 in 20x7 and $88,000 in 20x8,what

question 31

Multiple Choice

If current assets were $100,000 in 20x7 and $88,000 in 20x8,what was the amount of increase or decrease? (round to nearest percent) :

• A)The percentage increase is 13.64%.
• B)The percentage decrease is 12%.
• C)The percentage decrease is 13.64%.
• D)The percentage increase is 12%.

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