Which of the Following Is the Average Collection Period of Accounts

question 4

Multiple Choice

Which of the following is the average collection period of accounts receivable?

• A)Accounts receivable turnover ratio/365
• B)365/Accounts receivable turnover ratio
• C)Sales/Average accounts receivable
• D)Average accounts receivable/Sales

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Definitions:

Testosterone

A hormone that is much higher in men than in women.

Estrogen

A group of steroid hormones that promote the development and maintenance of female characteristics in the human body.

Serotonin

A neurotransmitter in the brain playing key roles in mood regulation, sleep, and digestion, among other functions.

Inward

Directed or moving towards the inside, or focusing on internal thoughts and feelings rather than external stimuli.