If and , What Is the Value of

question 12

Multiple Choice

If and , what is the value of ? Round your answer to two decimal places if necessary. ​

• A) 17.05
• B) 0.79
• C) 13.65
• D) None of the above

---

Definitions:

Average Collection Period

A financial metric used to evaluate the average number of days a company takes to collect payments from its credit sales.

Acid-test Ratio

A stringent indicator of a company's liquidity, calculated by dividing liquid assets by current liabilities, to determine if it can meet short-term obligations.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency.

Inventory Turnover

A ratio showing how many times a company sells and replaces its stock of goods within a certain period.