Jim Debt Was Reviewing the Total Accounts Receivable

question 22

Multiple Choice

Jim Debt was reviewing the total accounts receivable. This month he received $80,000 from credit customers. This represented 40% of all receivables due. The total amount of accounts receivable is:

• A) $200,000.
• B) $320,000.
• C) $500,000.
• D) $230,000.
• E) None of these.

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Definitions:

Ergonomists

Professionals who study and improve the efficiency and comfort of the interaction between humans and their working environment.

Adolescents

A developmental stage referring to individuals typically aged between 13 and 19 years, characterized by physical, emotional, and psychological changes.

Psychology Laboratory

A controlled environment designed for conducting experiments, research, and observations in psychology to study behavior and mental processes.

Wundt

Refers to Wilhelm Wundt, often considered the father of modern psychology, who established the first psychology laboratory and emphasized experimental methods.