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:

Money Objection

A price-oriented objection.

Purchase

The act of buying goods or services, involving an exchange of money for the desired item.

Source Objection

Refers to specific concerns or challenges raised regarding a proposal or idea, based on the origin or basis of the information.

Blood Sugar Monitoring

The practice of regularly checking the glucose level in the blood to manage and control diabetes.