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.

Question

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The Answer of 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.

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