Why Is Soil a Nonrenewable Resource

question 2

Multiple Choice

Why is soil a nonrenewable resource?

• A)Because it forms very slowly
• B)Because there is a limited amount of soil on the Earth and it cannot be replaced
• C)Because it is not commonly used for human commerce
• D)Because it cannot be privately owned

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Definitions:

Accounts Receivable

Accounts receivable represents the money owed to a company by its customers for goods or services delivered or used but not yet paid for.

Sales

The cumulative amount of money made by a business from selling its goods or services.

Average Collection Period

The average collection period is the average amount of time it takes for a business to receive payments owed by its customers for sales made on credit.

Accounts Receivable

Money owed to a business by its customers for goods or services delivered but not yet paid for.