Your Company Has Net Sales of $468,300 and Average Trade

question 4

Multiple Choice

Your company has net sales of $468,300 and average trade receivables of $111,500 for the year.Which of the following is true?

• A)The receivables turnover ratio is 4.2 and the days-to-collect is 0.012.
• B)The receivables turnover ratio is .24 and the days-to-collect is 1,520.
• C)The receivables turnover ratio is 4.2 and the days-to-collect is 86.9.
• D)The receivables turnover ratio is .24 and the days-to-collect is 87.6.

---

Definitions:

Tone Of Voice

The quality, pitch, and intonation of speech that can affect the meaning or emotional response to a message.

Communication Forms

The various methods and styles used to convey information or express thoughts between individuals or groups.

Genres

Categories of artistic, musical, or literary composition characterized by a particular style, form, or content.

Direct Order Plan

A communication approach that starts with the main point or request, followed by supporting details.