Top Posters
Since Sunday
L
3
d
3
y
3
a
3
n
3
d
3
e
3
d
3
c
3
p
3
M
3
a
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
KarenSmith KarenSmith
wrote...
Go to Answer
Posts: 530
Rep: 0 0
7 years ago
The following selected balance sheet information is available for Elmer, Inc.:
        2006            2005            2004     
Cash and cash equivalents   $ 642,000   $ 597,000   $ 625,000
Inventory   633,000   704,000   703,000
Current liabilities   1,141,000   1,115,000   1,141,000
Total assets   3,628,000   3,750,000   4,033,000
What are the trend values of cash for 2006 and 2005?
   2006   2005
A)    15.9   14.8   
B)    102.7   95.5
C)    17.7   15.9
D)    97.4   93.0
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
Read 85 times
3 Replies
Replies
Answer verified by a subject expert
mourningbirdmourningbird
wrote...
#1
Top Poster
Posts: 726
Rep: 1 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

KarenSmith Author
wrote...
#2
7 years ago
Many thanks
wrote...
#3
7 years ago
Excellent feedback, thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1125 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 313
  
 242
  
 261
Your Opinion
What's your favorite funny biology word?
Votes: 336
Previous poll results: Where do you get your textbooks?