Question: Using horizontal analysis, what is the change experienced by a company whose Accounts Receivable balance was $400,000 in 2015 and $325,000 in 2014?: Group of

Using horizontal analysis, what is the change experienced by a company whose Accounts Receivable balance was $400,000 in 2015 and $325,000 in 2014?:

Group of answer choices

-19 percent.

-Cannot be determined from the information provided.

-23 percent.

-27 percent.

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