In What State Did the Most Intensive Development of Agribusiness

question 22

Multiple Choice

In what state did the most intensive development of agribusiness occur by 1900?

• A) Colorado
• B) Washington
• C) California
• D) Wyoming

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Definitions:

Receivables

Funds that are owed to a company by its customers as a result of the sale of goods or services on credit.

Sales

The total amount of goods or services sold by a business, contributing to its revenue.

Average Payables Period

A financial metric that calculates the average number of days it takes a company to pay its vendors and suppliers.

Account Payables

Accounts payable refers to short-term financial obligations or debts a company owes to its suppliers or creditors for goods and services received.