If the Average Collection Period Is 73 Days, What Is

question 147

Multiple Choice

If the average collection period is 73 days, what is the accounts receivable turnover?

• A)5 times
• B)20 times
• C)10 times
• D)6 times

---

Definitions:

Sensorimotor Stage

The first stage of Piaget's theory of cognitive development, occurring from birth to about 2 years of age, where infants learn about the world through their sensory experiences and motor actions.

Substage

denotes a division or phase within a larger developmental stage or process, often characterized by specific milestones or achievements.

Primary Circular Reaction

A repetitive action in infants aimed at experiencing a desired effect, such as sucking or grasping, part of sensorimotor development stages proposed by Piaget.

Involuntary Actions

Actions that occur without the individual's conscious choice, often reflexive or automatic bodily functions like breathing or the heartbeat.