dr. grossman was reviewing his total accounts receivable. this month, credit customers paid $44,000, which…

dr. grossman was reviewing his total accounts receivable. this month, credit customers paid $44,000, which represents 20% of all receivables due. what were dr. grossmans total accounts receivables?

dr. grossman was reviewing his total accounts receivable. this month, credit customers paid $44,000, which represents 20% of all receivables due. what were dr. grossmans total accounts receivables?

Answer

Explanation:

Step1: Set up the proportion

Let $x$ be the total accounts receivables. We know that $44000$ is $20%$ (or $0.2$ in decimal - form) of $x$. So the equation is $0.2x = 44000$.

Step2: Solve for $x$

Divide both sides of the equation by $0.2$. So $x=\frac{44000}{0.2}$. $x = 220000$.

Answer:

$220000$