Afrikana Inc

question 77

Multiple Choice

Afrikana Inc.had a balance in the Accounts Receivable account of $820,000 at the beginning of the year and a balance of $880,000 at the end of the year.Credit sales during the year were $5,920,000.The average collection period of the receivables was

• A)45 days.
• B)52 days.
• C)54 days.
• D)104 days.

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Definitions:

Companion Cell

In phloem, cell that provides metabolic support to its partnered sieve element.

Source Region

An area where specific air masses form, characterized by its uniform temperature and humidity patterns influencing weather and climate.

Sugars

Simple carbohydrates that are used as a primary energy source for living organisms.

Perforation Plate

A structure found within the vessel elements of plants, characterized by a membrane or wall with holes that allow for the movement of water and solutes.