Shaman, Inc. reported $23,000 in A/R in 2019 and $24,900 in A/R in 2018. What is the percentage change in A/R from 2018 to 2019? (Round your final answer to two decimal places, X.XX%.)
A) +7.63%
B) +8.26%
C) -7.63%
D) -8.26%
C) -7.63%
Explanation: [(A/R 2019 - 2018)/A/R 2018] × 100; ex: [($23,000 - $24,900) / $24,900] × 100 = -7.63%
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