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

---

Definitions:

Subtypes

Categories that people use for individuals who do not fit a general stereotype.

Stereotypes

Widely held but fixed and oversimplified images or ideas of a particular type of person or thing, often based on limited information.

Discrimination

Unequal treatment of different people based on the groups or categories to which they belong.

Native Americans

Indigenous peoples of the United States, including both Native American tribes and Alaska Natives.