Your fiRm Deals Strictly with Four Customers

question 305

Multiple Choice

Your firm deals strictly with four customers. The average amount that each customer pays per month along with the collection delay associated with each payment is shown below. Given this
Information, what is the weighted average delay? Assume that every month has 30 days.

• A) 3.01 days
• B) 3.27 days
• C) 3.32 days
• D) 3.50 days
• E) 3.55 days

---

Definitions:

Mount St. Helens

An active stratovolcano located in Washington State, USA, famous for its catastrophic eruption on May 18, 1980.

Steep-Sided Cone

A type of volcanic mountain with steep sides, typically formed from eruptions that deposit large amounts of volcanic material around the vent.

Composite Volcano

A volcano known for its explosive outbursts, made up of alternating strata of ash and lava.

Convergent Boundary

A region where two or more tectonic plates are moving toward each other, often causing one plate to slide beneath the other.