At the End of the Third Year,the Treadwell Tire Company

question 103

Multiple Choice

At the end of the third year,the Treadwell Tire Company had accounts receivable of $66,600,and at the end of the fourth year,the company had accounts receivable of $72,600.If the company's net sales revenue during the fourth year were $876,000,the days to collect during year four was (Round all calculations to one decimal place. ) :

• A)12.6
• B)29.0
• C)8.0
• D)34.0

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Definitions:

Sales Data

Information collected about sales transactions, including quantities sold, prices, dates, and customer information, useful for analysis and decision-making.

Paste Options

A feature in many software applications that allows users to choose how copied data is formatted when it is pasted into a new location.

Keyboard Shortcut

A combination of keys that, when pressed simultaneously, perform a specific task or function within a software program.

Freezing Columns

Freezing columns allows users to keep specific columns visible while scrolling horizontally through the rest of a spreadsheet, enhancing readability and data comparison.