At the End of the Third Year, the Treadwell Tire

question 131

Multiple Choice

At the end of the third year, the Treadwell Tire Company had accounts receivable of $66,600, and at the end of the fourth year, the company had accounts receivable of $72,600. If the company's net sales revenue during the fourth year were $876,000, the days to collect during year four was (rounded to one decimal place) :

• A) 12.6
• B) 29.0
• C) 8.0
• D) 34.0

---

Definitions:

Typing Speed

The rate at which a person can type text accurately, typically measured in words per minute (WPM).

Reading Speed

The rate at which a person can read and comprehend text, often measured in words per minute.

Regression Analysis

A statistical method used for estimating the relationships among variables, often for predicting a dependent variable from one or more independent variables.

Entering GPA

The grade point average of students at the time they are admitted into an educational institution.