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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?

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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

[tex]0.4x = 85000[/tex]

[tex]x = \frac{85000}{0.4}[/tex]

[tex]x = 212500[/tex]

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

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