Question: Accounts receivable amount increases less in Year 2 compared to that in credit sales. Identify a possible reason: Year 1 Year 2 Accounts Receivable, net


Accounts receivable amount increases less in Year 2 compared to that in credit sales. Identify a possible reason: Year 1 Year 2 Accounts Receivable, net $ 518 $ 562 Accounts Payable 203 192 Inventory 535 564 Credit Sales 3,205 3,636 Cost of Goods Sold 2,037 2,294 Selling and Admin. Expense 1,081 1,131
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