If the Average Collection Period Is 45 Days, What Is

question 89

Multiple Choice

If the average collection period is 45 days, what is the receivables turnover?

• A) 12.0 times
• B) 8.1 times
• C) 18.0 times
• D) None of these

---

Definitions:

Constructively Addressed

Approaching a problem or challenge in a positive and solution-oriented manner.

Functional Conflict

A healthy and constructive disagreement among individuals or groups within an organization that can lead to better decision-making and outcomes.

Reconsidered

The act or process of thinking again about a decision or opinion, often leading to a change or modification of that decision or opinion.

Right Course

The most appropriate or correct path or action to take in a specific situation, often involving ethical judgment or decision-making.