Why accounts receivable increased compared to prior year

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Problem

The corporate controller asked your team to analyze accounts receivable and the aging of accounts receivable compared to prior year. Your descriptive analysis indicates accounts receivable increased over prior year, while sales have remained steady. Since you are the intern on the job, your colleagues have asked you to consider the diagnostic analysis questions that you must ask to plan your analysis. You were provided with the data dictionary which describes available data related to accounts receivable. Get the instant assignment help. Understand why accounts receivable increased compared to the prior year.

Reference no: EM133906384

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