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Incorrect Question 10 0/0.5 pts The Statement of Cash Flows for Brown Equipment Company shows purchases of plant assets of $1

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Answer #1

Answer: Option ( A ) (23.9%)

Explanation:

Percentage change = Difference value / Base year (2017) value

Difference Value = $155,000 - $118,000 = $37,000

Percentage change =( $37,000 / $155,000)*100 = (23.9%)

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