Calculate the percentages of increase and decrease for the following items (round to nearest percentage):
$\begin{array}{|l|r|r|}
\hline & \mathbf{2 0 2 1} & \mathbf{2 0 2 0} \
\hline \text { Cash } & \$ 80,000 & \$ 90,000 \
\hline \text { Accounts Receivable } & 156,000 & 85,000 \\hline \text { Merchandise inventory } & 435,000 & 375,000 \
\hline \text { Equipment } & 1,420,500 & 1,450,000 \
\hline \text { Bonds payable } & 410,000 & 520,000 \
\hline \text { Retained earnings } & 295,000 & 285,000\
\hline
\end{array}$

Question

Calculate the percentages of increase and decrease for the following items (round to nearest percentage):
 $\begin{array}{|l|r|r|}
\hline & \mathbf{2 0 2 1} & \mathbf{2 0 2 0} \
\hline \text { Cash } & \$ 80,000 & \$ 90,000 \
\hline \text { Accounts Receivable } & 156,000 & 85,000 \\hline \text { Merchandise inventory } & 435,000 & 375,000 \
\hline \text { Equipment } & 1,420,500 & 1,450,000 \
\hline \text { Bonds payable } & 410,000 & 520,000 \
\hline \text { Retained earnings } & 295,000 & 285,000\
\hline
\end{array}$

Quizplus · Accepted Answer

The Answer of Calculate the percentages of increase and decrease for the following items (round to nearest percentage):
 $\begin{array}{|l|r|r|}
\hline & \mathbf{2 0 2 1} & \mathbf{2 0 2 0} \
\hline \text { Cash } & \$ 80,000 & \$ 90,000 \
\hline \text { Accounts Receivable } & 156,000 & 85,000 \\hline \text { Merchandise inventory } & 435,000 & 375,000 \
\hline \text { Equipment } & 1,420,500 & 1,450,000 \
\hline \text { Bonds payable } & 410,000 & 520,000 \
\hline \text { Retained earnings } & 295,000 & 285,000\
\hline
\end{array}$

Calculate the Percentages of Increase and Decrease for the Following