How Is the Average Number of Days to Collect Accounts

question 62

Multiple Choice

How is the average number of days to collect accounts receivable computed?

• A)Accounts Receivable ÷ Net income
• B)365 ÷ Accounts receivable turnover ratio
• C)Accounts Receivable ÷ 365
• D)Sales ÷ Net accounts receivable

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Definitions:

Psychological Disorders

Mental disorders characterized by persistent disturbances in behavior, thought, or emotions, significantly impairing an individual's ability to function.

Predominant View

The most common or widely accepted perspective or belief in a particular area or context.

Abnormal Behavior

Actions or behaviors that deviate from the generally accepted norms of a given society or culture.

Psychotherapists

Professionals trained to diagnose and treat mental health issues by encouraging communication of conflicts and insight into problems, with the aim of reducing symptoms, improving social functioning, and boosting morale.