All costs and net working capital vary directly with sales. Sales are projected to decrease by 3%. What is the projected decrease in accounts receivable?
A) $25.20
B) $39.90
C) $199.50
D) $252.00
E) $399.00

Question

All costs and net working capital vary directly with sales. Sales are projected to decrease by 3%. What is the projected decrease in accounts receivable?
A) $25.20 
B) $39.90 
C) $199.50 
D) $252.00 
E) $399.00

Quizplus · Accepted Answer

The Answer of    All costs and net working capital vary directly with sales. Sales are projected to decrease by 3%. What is the projected decrease in accounts receivable?
A) $25.20 
B) $39.90 
C) $199.50 
D) $252.00 
E) $399.00

All Costs and Net Working Capital Vary Directly with Sales