Calculate the Amount of Accounts Receivable Based on Sales Level

question 30

Multiple Choice

Calculate the amount of accounts receivable based on sales level of $90,000, net income of $10,000 and an ACP of 54 days.

• A)​$13,500
• B)​$1,667
• C)​$1,500
• D)​None of the above.

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Definitions:

Leadership Development

The process of enhancing an individual's skills, abilities, and confidence to effectively lead others.

Decision Time Factor

The aspect of timing that influences the making of decisions, impacting the selection process and outcomes based on constraints or deadlines.

Decision-Making Methods

are systematic techniques used to choose among alternatives and make informed choices.

Authority Decision

A decision made by the leader and then communicated to the group.