Heaton Corp

question 44

Multiple Choice

Heaton Corp.sells on terms that allow customers 45 days to pay for merchandise.Its sales last year were $425,000, and its year-end receivables were $60,000.If its DSO is less than the 45-day credit period, then customers are paying on time.Otherwise, they are paying late.By how much are customers paying early or late? Base your answer on this equation: DSO − Credit period = days early or late, and use a 365-day year when calculating the DSO.A positive answer indicates late payments, while a negative answer indicates early payments.

• A) 6.20
• B) 6.53
• C) 6.86
• D) 7.20
• E) 7.56

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Definitions:

Retrotransposons

Genetic elements that can amplify themselves in a genome and are capable of moving from one location to another within the host's genome.

Mutations

Changes in the nucleotide sequence of the genetic material of an organism, which can lead to variations in traits.

Genetic Diversity

The total number of genetic characteristics in the genetic makeup of a species, providing the necessary variation for populations to adapt to changing environments.

Adapters

In molecular biology, molecules or structures that enable the interaction of otherwise incompatible entities, such as certain molecular complexes.