Business, 01.08.2019 03:10 AM28

Compute the annual dollar changes and percent changes for each of the following accounts. (decreases should be indicated with a minus sign. round percent change to one decimal place.) 2017 2016 short-term investments $ 375,911 $ 235,231 accounts receivable 99,129 102,691 notes payable 0 89,640

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Annual Dollar Changes for Short-term investments, Accounts receivable , and Notes payable is $140,680, -$3,562, - $89,640 respectively.

Percentage change for Short-term investments, Accounts receivable , and Notes payable is 59.8%, -3.4%, -100.0% respectively.

Explanation:

Annual dollar Changes : It shows the difference between the current year value and previous year value.

In mathematically,

Annual dollar Changes = Current year value - Previous year value

So,

For short term investments = $375,911 - $235,231 = $140,680

For Accounts receivable = $99,129 - $102,691 = - $3,562

For Notes payable = $0 - $89,640 = - $89,640

Now,

Percentage change : It shows a relationship between dollar change and previous year value

In mathematically,

Percentage change = (dollar change ÷ previous year value) × 100

So,

For short term investments = ($140,680 ÷ $235,231) × 100 = 59.8%

For Accounts receivable = (- $3,562 ÷ $102,691) × 100 = -3.4%

For Notes payable = (- $89,640 ÷ $89,640 ) × 100 = -100.0%

Hence,

Annual Dollar Changes for Short-term investments, Accounts receivable , and Notes payable is $140,680, -$3,562, - $89,640 respectively.

Percentage change for Short-term investments, Accounts receivable , and Notes payable is 59.8%, -3.4%, -100.0% respectively.

Answer from: Quest

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In the 10th grade, i was teamed up in a group of four. our project was on modern history. altho it seemed super hard for many of us. patrick fleming took charge and showed us the understanding of this project. his leadership showed great ethics and it taught me, personally, how to others understand, not just to show them, but explain it thoroughly. and altho he was a great teacher i would have changed a few things. one being his attitude. many times he would get frustrated and impatient with the group. i think a leader i would have done exactly what he did but with much more patience and be there more to explain. such as lunch learning. and giving everybody a chance to try to explain it in their head.

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Compute the annual dollar changes and percent changes for each of the following accounts. (decreases...

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