Accounts Receivable Was $45,000 at the Beginning of the Year

question 110

Multiple Choice

Accounts Receivable was $45,000 at the beginning of the year and $55,000 at the end of the year. The percentage change and direction of change for the year was a:

• A)22% decrease.
• B)22% increase.
• C)18% increase.
• D)18% decrease.

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Definitions:

Sympathetic Nerve

A part of the autonomic nervous system that generally stimulates the body's fight or flight response.

Capillaries

The smallest blood vessels in the body, responsible for the exchange of water, oxygen, carbon dioxide, and other nutrients and waste substances between blood and tissues.

Venules

Small blood vessels that drain blood from capillaries and transport it to larger veins.

Arterioles

Small branches of arteries leading to capillaries, responsible for controlling blood flow and blood pressure by constricting or dilating.