Windsor Corporation Sells Its Goods on Terms of 2/10, N/30

question 112

Multiple Choice

Windsor Corporation sells its goods on terms of 2/10, n/30. It has an accounts receivable turnover of 8. What is its average collection period (days) ?

• A) 80
• B) 30
• C) 46
• D) 36

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Definitions:

Overweight

A condition where an individual has more body weight than is considered healthy for their height.

BMI

Body Mass Index, a measure of body fat based on height and weight.

85th Percentile

A statistical measure indicating that 85% of a population falls below a particular value, often used in contexts like speed analysis in traffic studies.

Autism Spectrum Disorder

A developmental disorder characterized by difficulties with social interaction, communication, and by restricted and repetitive behavior.