CornProducts Corp

question 117

Multiple Choice

CornProducts Corp. ended the year 2018 with an average collection period of 40 days. The firm's credit sales for 2018 were $9 million. What is the approximate year-end 2018 balance in accounts receivable for Corn Products?

• A) $225,000
• B) $986,300
• C) $4,444,400
• D) $360,000,000

---

Definitions:

Nursing Journal

A professional publication that presents peer-reviewed research, reviews, and news in the field of nursing.

Handwashing Protocol

A standardized process for thoroughly cleaning hands to prevent the spread of infections.

Process Measurement

The act of quantifying various aspects of a process, often to analyze, control, and improve it.

Experimental Study

A research method involving the manipulation of variables to determine cause and effect relationships.