During 2022, Wheeler Inc

question 194

Multiple Choice

During 2022, Wheeler Inc.had sales on account of $792,000, cash sales of $324,000, and collections on account of $504,000.In addition, they collected $8,700 which had been written off as uncollectible in 2021.As a result of these transactions, the change in the accounts receivable indicates a

• A)$603,300 increase.
• B)$288,000 increase.
• C)$279,300 increase.
• D)$612,000 increase.

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Definitions:

Power Distance

A measure of the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

Uncertainty

The state of being unsure or having doubts, which can apply to a wide range of situations and contexts, including information, outcomes, and conditions.

Ambiguity

The quality of being open to more than one interpretation; inexactness or uncertainty in meaning.

Ecology Component

elements within the field of ecology that are considered part of the environmental system, including both biotic and abiotic factors.