Selected information from a finanacial statement for two

Reference no: EM13481590

Selected information from a finanacial statement for two years. Compute the percentage change from 2006 to 2007 when possible and round to the nearest whole percentage.

2007 2006

a. Accountsreceivable..........................................................$126,000 $160,000

b. Marketablesecurities..........................................................-0- 250,000

c. Retainedearnings................................................................80,000 (80,000)

d. Notesreceivable................................................................120,000 -0-

e. Notespayable....................................................................870,000 800,000

f. Cash...................................................................................84,000 80,000

g. Sales...................................................................................970,000 910,000

Reference no: EM13481590

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