From 2016 to 2017, Accounts Receivable Increased from $4,000 to $4,800

question 60

Multiple Choice

From 2016 to 2017, accounts receivable increased from $4,000 to $4,800. The percent increase is:

• A)120%
• B)162/3%
• C)20%
• D)55%
• E)None of these

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Definitions:

Limited Resource

Any asset which is scarce or finite, creating constraints in its allocation and necessitating efficient management.

Resistance Points

The limits beyond which a party is unwilling or unable to budge during negotiations, defining the boundaries of acceptable outcomes.

Package of Issues

A group or collection of topics, problems, or matters that are considered or dealt with together.

Commitments Exchange

A process where parties involved promise or pledge to engage in mutual exchanges of goods, services, or obligations.