If the Average Collection Period Is 50 Days, What Is

question 102

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

---

Definitions:

Self

The individual's awareness of their own identity and personal characteristics, often including self-concept, self-esteem, and self-image.

Ego

In psychoanalytic theory, the part of the personality that mediates between the desires of the id, the rules of the superego, and the realities of the external world.

Psyche

A term used in psychology to refer to the mind, encompassing conscious and unconscious aspects of mental processes, personality, and emotions.

Defense Mechanism

Psychological strategies used unconsciously by individuals to protect themselves from anxiety and to cope with reality.