Which Racial-Ethnic Group Is Projected to Have the Largest Population

question 21

Multiple Choice

Which racial-ethnic group is projected to have the largest population in the year 2050?

• A) white
• B) Asian
• C) Hispanic
• D) black

---

Definitions:

Increase in Accounts Receivable

A situation where the amount of money owed by customers to a company grows due to sales on credit outpacing payments received.

Credit Sales

Sales made by a business where the payment is to be received at a later date, extending credit to customers.

Accounts Receivable

Money owed to a business by its clients or customers for goods or services that have been delivered but not yet paid for.

Allowance for Doubtful Accounts

A contra-asset account used to estimate the portion of a company's receivables that might not be collected, reducing the total value of accounts receivable by a corresponding amount.