From 2016 to 2017, accounts receivable increased from $4,000 to $4,800. the percent increase is:

From 2016 to 2017, accounts receivable increased from $4,000 to $4,800. the percentage increase is:

Answer 1

1)Increase: new number – original number 4800-4000= 800 2)% increase = increase ÷ original number × 100(800/4000) x 100= 20%

answer 2

To solve the increase in accounts receivable, take: $4,800 – $4,000 = $800, then take the difference between the increase amount and the original amount and divide between them. $800/$4,000 = 0.20. To convert the decimal to a percentage, multiply 0.20 by 100 = 20% increase.

answer 3

The business cycle is the periodic but irregular up and down movement of economic activity, measured by fluctuations in real gross domestic product (GDP) and other macroeconomic variables. an economic cycle is generally characterized by four phases (recession, recovery, growth and decline) which are repeated over time. economists note, however, that complete economic cycles vary in length. the length of business cycles can be around two to twelve years, with most cycles having an average length of six years. some business analysts use a business cycle model and terminology to study and explain fluctuations in company stock and other individual elements of company operations. but the term “business cycle” is still primarily associated with broader business trends (industrial, regional, national or even international).

answer 4

Capitalist economy is when all property is owned by government or private industries.

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