If the Average Collection Period Is 60 Days What Is

question 96

Multiple Choice

If the average collection period is 60 days what is the accounts receivable turnover?

• A) 6.0 times
• B) 6.1 times
• C) 12.2 times
• D) None of these

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Definitions:

Organizational Change

The process through which a company or organization changes its structure, strategies, operational methods, or cultural values.

Social Transformation

Significant changes in the structure and functioning of society, often aimed at improvement or progress in social, economic, or political areas.

Powerful Questions

Questions designed to provoke thoughtful reflection, elicit deeper understanding, and stimulate action, often used in coaching and leadership contexts.

Social Entrepreneur

An individual who establishes an enterprise with the goal of solving social problems or effecting social change through innovative solutions.