Brady's Inflation Needle Co. reports accounts receivable of $200,000 in 2017 and $250,000 in 2018. Using horizontal

Question:

Brady's Inflation Needle Co. reports accounts receivable of $200,000 in 2017 and $250,000 in 2018. Using horizontal analysis, what would be the percentage increase or decrease in accounts receivable? And analysis result.

A. 25% decrease

B. 25% increase

C. 150% decrease

D. 150% increase

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...