Joyce Clark Is Reviewing the Accounts Receivable of Moe's Hardware

question 57

Short Answer

Joyce Clark is reviewing the accounts receivable of Moe's Hardware. Credit customers paid $80,000 this month. This represents 30% of all receivables due. What is Moe's total accounts receivable? (Round to nearest dollar.)

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Definitions:

Twin-Study Method

A research design used to estimate the genetic and environmental influences on behavior by comparing the similarities between identical and fraternal twins.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing thoughts, motivations, and behaviors across situations and time.

Dizygotic Twins

Also known as fraternal twins, they are siblings that develop from two different eggs fertilized by two different sperm, sharing about 50% of their genetic makeup.

Fertilized Eggs

The result of a sperm cell merging with an egg cell, marking the beginning of a new organism's development.