Compute the percentage change in total current assets


Question: The following schedule shows the Current Assets section of Metis Company for the years ended December 31, 20Y8, and December 31, 20Y9: Metis Company Comparative Schedule of Current Assets December 31, 20Y9 and 20Y8 Dec. 31, 20Y9 Dec. 31, 20Y8 Cash $ 89,000 $ 78,000 Temporary investments 10,000 9,000 Accounts receivable (net) 130,000 103,200 Total current assets $229,000 $190,200 Compute the percentage change in total current assets using the horizontal analysis method

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Accounting Basics: Compute the percentage change in total current assets
Reference No:- TGS03417748

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