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Richmond Co Performed a Trend Analysis at the End of the Financial

Question 40

Multiple Choice

Richmond Co performed a trend analysis at the end of the financial period. Which of the following changes appears to be the most significant in requiring further investigation?


A) An increase in revenues of 18%.
B) An increase in total assets of 6%.
C) An increase in 14% for bad debts written off
D) An increase in accounts receivable of 4%.

Correct Answer:

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