Mel Rickter Is Reviewing the Total Accounts Receivable

question 141

Short Answer

Mel Rickter is reviewing the total accounts receivable. This month, he received $45,000 from credit customers. This represented 25% of all receivables due. What is the total amount of Mel Rickter's accounts receivable?

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Definitions:

Nutrient Density

A measure of the nutrients provided by a food relative to its calorie content, emphasizing foods that are rich in vitamins, minerals, and other beneficial components with fewer calories.

Kilocalorie

A unit of energy often used in nutrition to quantify the energy content in food, equivalent to 1,000 calories.

Essential Nutrient

Nutrients required for normal body functioning that cannot be synthesized by the body and must be obtained from the diet.

Calories

A unit of energy that measures the amount of energy food provides to the body.