Change the Following Expression into a Decimal: 166.67

question 84

Multiple Choice

Change the following expression into a decimal: 166.67%

• A) 166667
• B) 166.7
• C) 16667
• D) 1.6667
• E) 0.16667

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Definitions:

Accounts Receivable

The total finances that are due to a company from its customers for goods or services that have already been delivered or utilized, but payment has not been received.

Accounts Receivable Turnover

A financial ratio indicating how efficiently a company collects cash from credit sales by measuring the number of times receivables are collected over a period.

Inventory Turnover

An index that reveals the number of times a business's stock is sold and restocked during a specific period, showcasing how efficiently inventory is managed.

Total Current Assets

Assets of a company that are expected to be used or converted to cash within one year.