Answer:
Current assets:
Amount = 2014 value - 2013 value
= $203,600 - $254,000
= -($50,400) (Negative)
percentage changes = 
= 
= (19.84)%
Plant assets:
Amount = 2014 value - 2013 value
= $1,397,000 - $831,700
= $565,300
percentage changes =
= 
= 67.96%
Total assets:
Amount = 2014 value - 2013 value
= $1,600,600 - $1,085,700
= $514,900
percentage changes =
= 
= 47.42%
It should be noted that best answer to both the flatness and horizon problems is inflationary epoch.
The inflationary epoch van be regarded as the period in the evolution of the early universe, at this period there was an expansion.
According to inflation theory, the earth were recorded to experience great horizon problems and exponential expansion.
Therefore, inflationary epoch brings about both flatness and horizon problems
Learn more about inflationary epoch at:
brainly.com/question/11356270
Answer:
Financial statements are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand.
Explanation:
Hope this helps
Answer:
$64,000
Explanation:
Calculation to determine the cost of goods sold using the average cost method
First step is to calculate the Average cost
Average cost = [(200 × $140) + (400 × $160) + (100 × $200)] ÷ 700 units
Average cost= $160
Now let calculate the Cost of goods sold
Cost of goods sold = $160 × 400 units
Cost of goods sold = $64,000
Therefore the cost of goods sold using the average cost method will be $64,000
