If Accounts Receivable Stays the Same, and Credit Sales Go

question 92

Multiple Choice

If accounts receivable stays the same, and credit sales go up

• A) the average collection period will go up.
• B) the average collection period will go down.
• C) accounts receivable turnover will decrease.
• D) the average collection period will go down and accounts receivable turnover will decrease.

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Definitions:

Heights and Weights

Numerical measurements that represent the stature and mass of individuals, often used in health and fitness assessments.

Sample Mean

The average value obtained from a sample, calculated by summing all observations and dividing by the number of observations.

Resamples

In statistics, the process of generating a new sample from an original dataset by methods such as bootstrapping or jackknifing.

Distinct Resamples

Unique subsets of data selected from a larger dataset, often used in bootstrap and other resampling techniques to estimate statistical precision.