If the Average Accounts Receivable That a Firm Holds Decreases

question 45

Multiple Choice

If the average accounts receivable that a firm holds decreases without any decrease in credit sales, the operating cycle will:

• A) stay the same because of no sales change.
• B) stay the same because cash collections are sooner and it will affect the cash cycle only.
• C) decreases because days sales outstanding decreases.
• D) stay the same because accounts receivable are not in the operating cycle.

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Definitions:

Heterosexual And Homosexual

Terms describing sexual orientation; heterosexual refers to attraction to the opposite sex, while homosexual pertains to attraction to the same sex.

U.S. Doctors

Medical professionals who are licensed to practice medicine in the United States, including both MDs (Doctors of Medicine) and DOs (Doctors of Osteopathic Medicine).

Heterosexuality

A sexual orientation characterized by a romantic or sexual attraction to individuals of the opposite sex.

Katz

Likely refers to a specific individual or scholar, such as Jackson Katz, known for their work in gender studies, particularly around masculinity and media.