Velocity Enterprises had an accounts receivable balance of $80,000 at the beginning of the year and $96,000 at the end of the year. What is the percentage change in accounts receivable at the end of the current year?

Velocity Enterprises had an accounts receivable balance of $80,000 at the beginning of the year and $96,000 at the end of the year. What is the percentage change in accounts receivable at the end of the current year?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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Need help with this general accounting question not use ai please don't

Velocity Enterprises had an accounts receivable balance of
$80,000 at the beginning of the year and $96,000 at the end of
the year.
What is the percentage change in accounts receivable at the end
of the current year?

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