In the Table Below the Information for Four Companies Is

question 37

Multiple Choice

In the table below the information for four companies is provided. $$\begin{array} { | l | c | c | } \hline \text { Compary } & \begin{array} { c } \text { Accounts Receivable } \\\text { turnover }\end{array} & \text { Average collection period } \\\hline \text { Martin } & 13.9 & 26.3 \\\hline \text { Lewis } & 13.3 & 27.4 \\\hline \text { Danforth } & 10.4 & \mathbf { 3 5 . 1 } \\\hline \text { Gamer } & 14.5 & 25.2 \\\hline \text { Industry Average } & 13.0 & 28.1 \\\hline\end{array}$$ If Garner's net credit sales are $290,000, what are its average net accounts receivable?

• A) $11,508
• B) $20,000
• C) $42,050
• D) $73,080

---

Definitions:

Female Population

The segment of a population that identifies as female, potentially considered in demographic studies, social policies, and economic analyses.

Employed Males

Employed males refer to the segment of the male population that is engaged in paid work or self-employment, contributing to the economy’s labor force.

Labor Productivity

Labor Productivity measures the efficiency and effectiveness of workers in producing goods or services within a given time frame.

Productivity Growth

The increase in the efficiency of production in an economy, often resulting in more output for the same input.