Assume That the Accounts Receivable Balances Are $110,000,$112,000 and $116,000

question 117

Multiple Choice

Assume that the accounts receivable balances are $110,000,$112,000 and $116,000 for 2011,2012,and 2013,respectively.The trend percentage for 2013 is

• A) 3.6%
• B)5.5%
• C)103.6%
• D)105.5%

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Definitions:

Big Data

Refers to extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

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A high level of knowledge or skill in a particular area, often gained through experience, education, and practice.

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A large number of people, often referred to in the context of the general population or a significant segment of society.

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The practice of making managerial decisions and strategies grounded in research and facts rather than on intuition or unsystematic experience.