A Company Had Net Sales of $21,500 and Ending Accounts

question 96

Multiple Choice

A company had net sales of $21,500 and ending accounts receivable of $2,700 for the current period.Its days' sales uncollected equals:

• A)8.0 days.
• B)58.9 days.
• C)45.8 days.
• D)7.4 days.
• E)45.2 days.

---

Definitions:

Neuroticism

A personality trait characterized by anxiety, moodiness, worry, envy, and jealousy.

Psychological Test

A standardized measure of a sample of a person's behavior or mental processes used to assess psychological constructs.

Standardized Test

An examination that is administered and scored in a consistent, or "standard," manner across different individuals or groups.

Conscientiousness

A personality trait marked by organization, responsibility, and diligence, influencing one's ability to set and meet goals.