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Annie Kavitha
Annie Kavitha, Master's Degree
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If current assets were $100,000 in 2009 and $88,000 in 2010,

Resolved Question:

If current assets were $100,000 in 2009 and $88,000 in 2010, what was the amount of increase or decrease in percentage terms from 2009 to 2010? (Round to the nearest percent.)

A. Increase of 12%
B. Decrease of 14%
C. Decrease of 12%
D. Increase of 14%
Submitted: 6 years ago.
Category: Business and Finance Homework
Expert:  Annie Kavitha replied 6 years ago.

Hello JACUSTOMER-5esqtg22,

The answer is 12,000/88,000 = 0.136 or 14%

B. Decrease of 14%

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