Let's use actual numbers. Starting in 1992, let's say company C had $100 in assets.
In 1993, the total assets were 400% GREATER, which means 1992 PLUS 400% of 1992:
$100 + 4x$100 = $100 + $400 =
$500In 1994, the total assets were 300% GREATER than they were in 1993, which means 1993 PLUS 300% of 1993:
$500 + 3x$500 = $500 + $1500 =
$2000This is 20 times the 1992 number, so the correct answer is
20N.
EDIT: looks like i was beaten to the punch!
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