The Decimal Equivalent of 00011111 Is ____

question 43

Multiple Choice

The decimal equivalent of 00011111 is ____.

• A) 5
• B) 10
• C) 31
• D) 32

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Definitions:

Credit Period

The duration of time that a buyer is allowed to pay for a credit purchase.

Credit Sales

Sales of goods or services that are paid for later, rather than at the time of purchase, building a receivable account on the seller's balance sheet.

Receivables

Amounts due from customers to a company for goods delivered or services rendered, awaiting payment.

Inventory Turnover

A ratio showing how many times a company has sold and replaced inventory over a certain period of time, indicating the efficiency of inventory management.