question 47
Multiple Choice
Comparative financial statements for Cross, Inc.are shown below: Assets Current assets: Cash Accounts receivable Inventory Prepaid expenses Total current assets Property, plant and equipment, net Total assets Liabilities and Stockholders’ Equity Current liabilities: Accounts payable Other current liabilities Total current liabilities Long-term debt Total liabilities Stockholders’ equity: Common stock Retained earnings Retained earnings Total stockholders’ equity Total liabilities and stockholders’ equity Net sales Cost of goods sold Gross margin Operating expense Operating income Interest expense Earnings before tax Income taxes Net income December 312018$89,103142,00096,70821,203349,014822,576$1.171.590$85,44338,112123,555302,430425,985600,000145,60514,700745,605$1,171,590 Year Ended December 312018$17,005,85212,250,2574,755,5953,585,6571,169,93828,5001,141,438342,431$799,0072017$68,203135,00085,6945,118294,015718,144$1012,159$62,39433,50795,901290,324386,225600,00025,9348,000625,934$1,012,1592017$13,809,5859,825,6143,983,9713,400,258583,71327,300556,413166,924$389,489 Using horizontal analysis, how much is Cross, Inc.'s percentage change in accounts receivable from 2017 to 2018?
Definitions:
Standard Precautions
Guidelines for the prevention of infectious diseases and nosocomial infections established by the Centers for Disease Control and Prevention.
Universal Precautions
A set of health and safety guidelines designed to protect individuals from exposure to bloodborne pathogens and other infectious materials.
Medical Asepsis
Medical asepsis refers to practices aiming to reduce the number and spread of pathogens or to prevent infection, including hand hygiene and the sterilization of medical equipment.
Protective Face Mask
A covering designed to be worn over the nose and mouth to protect the wearer from inhaling airborne pollutants and toxic materials.