Question
The 2016 financial statements of CVS Health Corporation reported sales of $177,526 million and accounts receivable of $12,164 million. If sales are projected to increase
The 2016 financial statements of CVS Health Corporation reported sales of $177,526 million and accounts receivable of $12,164 million. If sales are projected to increase 4% next year, what is the projected accounts receivable balance for 2017?
Select one:
A. $13,016 million
B. $12,739 million
C. $12,164 million
D. $12,998 million
E. $13,529 million
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
