From 2013 to 2014, Accounts Receivable Increased from $4,000 to $4,800

question 42

Multiple Choice

From 2013 to 2014, accounts receivable increased from $4,000 to $4,800. The percent increase is:

• A)120%
• B)16 2/3%
• C)20%
• D)55%
• E)None of these

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Definitions:

Employment Level

The total number of people currently employed in the economy, either full-time or part-time.

Illegal Immigrants

Individuals who enter or reside in a country without proper authorization or legal permission from that country's government.

Employment Level

The total number of people currently employed in the economy, indicating the job availability and workforce engagement within a specific period.

Minimum Wage Laws

Legislation that sets the lowest hourly wage rate that an employer can legally pay its workers.