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alexira [117]
3 years ago
5

Use the information about Billy's Burgers to answer the following question(s):

Business
1 answer:
Oksi-84 [34.3K]3 years ago
3 0

Answer:

c. $25.2 million

Explanation:

Billy's Burgers' Accounts receivable 2011 = Accounts receivable 2010 *(1+Growth rate)

Billy's Burgers' Accounts receivable 2011 = $21,000,000 * (1+0.20)

Billy's Burgers' Accounts receivable 2011 = $21,000,000 * (1.20)

Billy's Burgers' Accounts receivable 2011 = $25,200,000.

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