What Is the Formula to Calculate Doubling Time According to the Rule

question 49

Multiple Choice

What is the formula to calculate doubling time according to the rule of 70?

• A) doubling time = f(k,h,n)
• B) doubling time = f(g,y,n)
• C) g/70 = doubling time
• D) 70/g = doubling time

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Definitions:

Uncollectible Receivables

Debts owed to a company that are considered to be uncollectable, indicating that the company does not expect to receive payment due to the debtor's inability to pay.

Percentage of Sales

A financial ratio that compares a particular expense or cost to the total sales revenue, often used to analyze cost behavior or performance.

Note Duration

The total length of time until a note payable or receivable matures and is to be repaid or collected.

Rate of Interest

The percentage of principal charged by the lender for the use of its money.