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ATQ, Let the enrollment in 2015 be 800 students. In 2016, enrollment = 1.10×800=880. In 2017, enrollment = 1.20×880=1056. In 2017, enrollment decreased by 30% = 0.70×1056=739.2. Scholarship students in 2015 = 0.25×800=200. Scholarship students in 2017 = 0.40×739.2=295.68. Percentage change in scholarship students = {(295.68−200)/200}×100% = 47.84%. Therefore, the number of scholarship students increased by 47.84% from 2015 to 2017.
At the end of last year, Max Ltd’s assets and liabilities are:
Total assets = 85500
Accrued liabilities = 6500
Bonds payable =...
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