The Number of Days' Sales Uncollected Is Calculated By

question 79

Multiple Choice

The number of days' sales uncollected is calculated by:

• A) Dividing accounts receivable by net sales.
• B) Dividing accounts receivable by net sales and multiplying by 365.
• C) Dividing net sales by accounts receivable.
• D) Dividing net sales by accounts receivable and multiplying by 365.
• E) Multiplying net sales by accounts receivable and dividing by 365.

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Definitions:

Organic Organizational Model

A flexible, adaptive organizational structure characterized by less formalization, broad job descriptions, and a decentralized decision-making process.

Unstable

Describes a situation, structure, or system that is not firmly fixed or is likely to change or fail suddenly.

Business Climate

The general economic environment and conditions that affect the operation and growth of businesses within a specific area.

Entities

Individuals, organizations, or businesses that exist as distinct and independent units, often for legal or business purposes.