Calculate the Percent Increase or Decrease for Each of the Following

question 73

Essay

Calculate the percent increase or decrease for each of the following financial statement items:
$$\begin{array} { l | r | r } & { \text { Year 2 } } & \text { Year 1 } \\\hline \text { Cash } & \$ 37,500 & \$ 3 0 , 0 0 0 \\\hline \text { Accounts receivable } & 63,000 & 52,500 \\\hline \text { Inventory } & 67,500 & 90,000 \\\hline \text { Accounts payable } & 35,100 & 27,000 \\\hline \text { Sales } & 187,500 & 150,000 \\\hline \text { Equipment } & 165,000 & 125,000 \\& &\end{array}$$

Identify and differentiate between font, style, size, and color in Excel interface.

Recognize the organization and content strategy within Excel worksheets, particularly in column usage.

Comprehend the process and implications of merging and splitting cells in Excel.

Acknowledge the importance of environmental sustainability in computing.

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in a market, leading to market stability.

Units Of Output

A quantifiable count of the products or goods produced by a company or an industry.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, decreasing as more is produced.

Short Run

A time period in economics where at least one factor of production is fixed, limiting the ability of businesses to adjust to changing market conditions.