If the Average Collection Period Is 50 Days, What Is

question 167

Multiple Choice

If the average collection period is 50 days, what is the receivables turnover?

• A) 6.64 times
• B) 7.30 times
• C) 3.65 times
• D) none of these

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Definitions:

Preparation Stage

A phase in the Stages of Change model where individuals are intending to take action in the near future to address or change a behavior.

Psychotherapy Indicated

Refers to the recommendation or advisability of psychotherapy as a treatment option for particular psychological disorders or issues.

Terminate

In therapy, the process of bringing the therapeutic relationship to a close in a manner that is considered therapeutically appropriate and beneficial for the client.

Brief Successful

Pertaining to achieving intended results in a short amount of time.