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%.

---

Definitions:

Achievement Behavior

Actions oriented towards accomplishing specific goals or meeting standards of excellence.

Cultural Difference

The varying beliefs, behaviors, languages, practices, and expressions considered unique to members of a specific ethnicity, society, or nation.

External Standards

Criteria or benchmarks that originate outside of an individual or process, used for comparison or evaluation purposes.