The percentage change for Notes Payable IS calculable, assuming the baseline is 2012's value of 88,000. Using 88000 as the baseline, the Percentage Change in Notes Payable is calculated as ((0-88000)/88000), which equals -100%. So the Notes Payable account was reduced in 2013 by 100% of 2012's ending balance. However, had 2013's ending balance (0) been used as the baseline, the resulting equation, ((0-88000)/0), would have led to division by 0, which results in an indeterminate solution. Other than that very trivial algebraic point, these videos are fantastic!!!
The percentage change for Notes Payable IS calculable, assuming the baseline is 2012's value of 88,000. Using 88000 as the baseline, the Percentage Change in Notes Payable is calculated as ((0-88000)/88000), which equals -100%. So the Notes Payable account was reduced in 2013 by 100% of 2012's ending balance. However, had 2013's ending balance (0) been used as the baseline, the resulting equation, ((0-88000)/0), would have led to division by 0, which results in an indeterminate solution. Other than that very trivial algebraic point, these videos are fantastic!!!
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