Calculate the Percent Increases for Each of the Following Selected

question 47

Essay

Calculate the percent increases for each of the following selected balance sheet items.
$\begin{array}{|l|r|r|}\hline & {\underline{2014}}& {\underline{2013}} \\\hline \text { Cash } & \$ 569 & \$ 448 \\\hline \text { Accounts receivable } & 2,234 & 2,337 \\\hline \text { Merchandise inventory } & 1,062 & 1,071 \\\hline \text { Plant assets } & 2,432 & 2,138 \\\hline \text { Bonds payable } & 1,164 & 1,666 \\\hline \text { Equity } & 2,777 & 2,894 \\\hline\end{array}$

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Definitions:

Forty Hours

Refers to the standard full-time working hours in a week for many employment contracts, typically 8 hours a day for 5 days.

Work Visa

A government-issued document that allows a foreign individual to enter a country for the purpose of employment for a specified period of time.

Qualified U.S. Workers

Individuals in the United States who are fully able and available to perform the job for which they are applying, typically pertaining to discussions about immigration and job competition.

Noncitizen

An individual who is not a legal citizen of the country in which they reside.