A Company Has Net Credit Sales of $94,000,beginning Net Accounts

question 33

Multiple Choice

A company has net credit sales of $94,000,beginning net accounts receivable of $22,000 and ending net accounts receivable of $18,000.Calculate the days' sales in receivables.(Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day. )

• A)73 days
• B)48 days
• C)91 days
• D)78 days

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Definitions:

Fundamental Attribution Error

A cognitive bias where people overemphasize personality traits and underestimate situational factors when explaining other people's behavior.

Situational Influences

External factors or environmental conditions that impact an individual's behavior, attitudes, or actions in a given context.

Personal Dispositions

Patterns of thought, feeling, and behavior that are unique to an individual, contributing to how one responds to their environment.

Attitudes

Attitudes are psychological tendencies expressed by evaluating entities with some degree of favor or disfavor.