Calculate the Percent Increase or Decrease for Each of the Following

question 208

Essay

Calculate the percent increase or decrease for each of the following financial statement items:
$$\begin{array} { | l | r | r | } \hline & \text { Year } 2 & { \text { Year } 1 } \\\hline \text { Cash } & \$ 37,500 & \$ 30,000 \\\hline \text { Accounts receivable } & 63,000 & 52,500 \\\hline \text { Inventory } & 67,500 & 90,000 \\\hline \text { Accounts payable } & 35,100 & 27,000 \\\hline \text { Sales } & 187,500 & 150,000 \\\hline \text { Equipment } 65,00 & 10 & 125,000 \\\hline\end{array}$$

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Definitions:

Intelligence Test Scores

Quantitative measures assessing a person's cognitive abilities in comparison to a population.

Genetic Differences

Variations in the genes among individuals within a population, contributing to unique physical or behavioral traits.

Environmental Differences

Variations in external surroundings that can influence the growth, development, and behavior of organisms.

Test Scores

Quantitative measurements representing an individual's performance on standardized tests or assessments.