Comparative balance sheets indicate no notes

Reference no: EM13259388

If comparative balance sheets indicate no notes receivable onthe first, or base, date and a $50,000 note receivable on the laterdate, the increase of $50,000:

a. can be stated as 0%

b. can be stated as 100% increase

c. can be stated as 500% increase

d. cannot be stated as a percentage

Reference no: EM13259388

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