Question

Jackie Chan is reviewing the total accounts receivable of his new department store in Hong Kong customers who paid with credit totaled $85,000 this month this represents 40% of our receivables do what is mr. Chan's total account receivable?

Answer 1

Answer:

Mr. Chan's total account receivable is of $212,500.

Step-by-step explanation:

$85,000 this month this represents 40% of our receivables

This means that 85000 is 40% = 0.4 of the receivables, which is x.

What is mr. Chan's total account receivable?

We have to find x

$0.4x = 85000$

$x = \frac{85000}{0.4}$

$x = 212500$

Mr. Chan's total account receivable is of $212,500.