Fulton Company has the following data available: Interest Expense, For the Year Ending December 31, 2013...
Fulton Company has the following data available: Interest Expense, For the Year Ending December 31, 2013 $15 Interest Expense, For the Year Ending December 31, 2012 $10 What is the percentage increase or (decrease) in interest expense from 2012 to 2013 for Fulton Company?
Select one: A. 33.3% B. (100.0)% C. (33.3)% D. (50.0)% E. 50.0%
Homework Answers
percentage increase in interest expense=(interest expense for 2013-interest expense for 2012)/interest expense for 2012
=(15-10)/10
which is equal to
=50%(E).
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Fulton Company has the following data available: Interest
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