Turbo Company's Accounts Receivable Account Balance Was $100,000 at the Beginning

question 56

Multiple Choice

Turbo Company's accounts receivable account balance was $100,000 at the beginning of the year and $120,000 at the end of the year.Turbo's percentage change calculation at the end of the current year is

• A)16.7% decrease.
• B)16.7% increase.
• C)20% decrease.
• D)20% increase.