Delta Distributors Has an Investment in Trade Receivables of £2,750,000

question 16

Multiple Choice

Delta Distributors has an investment in trade receivables of £2,750,000.Daily credit sales are £118,280.If 30% of Delta's credit customers receive a discount by paying within 10 days, what is the
Net period that Delta maintains?

• A)10 days
• B)23 days
• C)38 days
• D)45 days
• E)There is not enough information to tell.

Understand the concept and construction of frequency distributions.

Learn the graphical representation basics, including the labeling principles and identification of axes on a graph.

Comprehend the general principles of effective graph design and communication.

Understand the various types of charts and graphs used in behavioral and social sciences to illustrate data.

---

Definitions:

Small Intestine

A part of the gastrointestinal tract between the stomach and large intestine that digests food and absorbs nutrients.

Transverse Mesocolon

Fold of peritoneum attaching the transverse colon to the posterior abdominal wall.

Mesentery

Double layer of peritoneum extending from the abdominal wall to the abdominal viscera, conveying to it its vessels and nerves.

Lactase

An enzyme produced in the small intestine that breaks down lactose, a sugar found in milk, into glucose and galactose.