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Problem 2: H&M, Inc. is one of the nation's premier fashion retailers. The company has the following balance sheet & income statement accounts for the
Problem 2: H&M, Inc. is one of the nation's premier fashion retailers. The company has the following balance sheet & income statement accounts for the years ending December 31, 2019 and 2020: 2020 2019 $17,200 $11,600 Sales 2.900 2.140 Accouen Recenavis, mer 32 Allowance for dour accompus 1. What are the % change of Revenues, Receivables, and AFDA respectively: OA) 48.2%; 34.3%; -15.3% OB)-15.3%; 34,3%; 48.2%, O C) 32.5%; 26.2%; 18.1% OD) None of the above 2. What is the best describe regarding the relationship between net sales, actual A/R & AFDA of H&M company? * OA) Normal relationship OB) Abnormal relationship OC) Positive relationship OD) Can't determine
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