If Accounts Receivable Are $45,000 and Are Directly Proportional to Total

question 5

Multiple Choice

If accounts receivable are $45,000 and are directly proportional to total sales, the forecast accounts receivable for next year's 5% increase in sales to $125,000 would be:

• A) $47,250.
• B) $40,500.
• C) $49,950.
• D) impossible to calculate without last year's credit sales.

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Definitions:

Preservation Of Innovation

Preservation of innovation refers to the efforts and methods used to maintain, protect, and sustain innovative practices, ideas, or technologies over time.

Survival Value

The degree to which a particular trait or behavior enhances the likelihood of survival and reproduction of an organism.

Culture

The shared attitudes, values, goals, and practices that characterize an institution, organization, or group.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, policies, or societal expectations.