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liraira [26]
2 years ago
15

Jim debt was reviewing the total accounts receivable. this month he received $80,000 from credit customers. this represented 40%

of all receivables due. the total amount of accounts receivable is: $230,000. none of these. $320,000. $200,000. $500,000.
Business
2 answers:
Eduardwww [97]2 years ago
4 0
200,000 have to find what 10 percent is and multiply that by 10
soldier1979 [14.2K]2 years ago
4 0

Answer:

$200,000

Explanation:

If Jim received $80,000 from credit customers and this amount is 40% of all receivable dues, the total amount of account receivable can be gotten using the equation;

40% of x = $80,000 where;

x is the total amount receivable

40/100 of x = $80,000

x = $80,000×100/40

x = $8,000,000/40

x = $200,000

This means that the total amount of account receivable is $200,000

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As we use the concept synergy that 1 + 1 give 11 i.e means due to efforts of group we can accomplish the company target as compare to the individual effort.

Since in the given question, the Daniel workplace does not have any  structured hierarchy and all employees are treated equally so in this case, the collectivism is low in this organization.

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