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:

Developmental Psychologists

Developmental psychologists study the psychological growth and changes that occur throughout a human life span, including emotional, cognitive, and social development.

Stages

Distinct phases in a process of development or change in which specific characteristics are exhibited or challenges faced.

Piaget

A Swiss psychologist known for his pioneering work on child development, particularly his theory on the stages of cognitive development.

Vygotsky

A Soviet psychologist famous for his theories on cognitive development, particularly the concept of the Zone of Proximal Development.