The Accounts Receivable Period May Be Calculated as Accounts Receivable

question 23

True/False

The accounts receivable period may be calculated as accounts receivable divided by sales.

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Definitions:

Referent

The actual thing or idea to which a word or phrase refers or applies.

Kermit the Frog

A fictional character and the most famous Muppet created by Jim Henson, known for his appearances on "The Muppet Show" and "Sesame Street."

iPod Nano

A small, portable media player designed and sold by Apple Inc., part of the iPod line, known for its compact size and ability to play music and other media.

Animal

A living organism that feeds on organic matter, typically having specialized sense organs and nervous system, and capable of voluntary movement.