Index Numbers. Jones Corporation reports the following for the period 20X1 to 20X3: 20X3      20X2      20X1 Current liabilities                              $34,000 $25,000 $20,000 Long-term...


Index Numbers. Jones Corporation reports the following for the period 20X1 to 20X3:


20X3      20X2      20X1


Current liabilities                              $34,000 $25,000 $20,000


Long-term liabilities                        $60,000 $45,000 $50,000


The base year is 20X1. Using trend analysis, determine the appropriate index numbers.



May 05, 2022
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