Heaton Corp

question 64

Multiple Choice

Heaton Corp.sells on terms that allow customers 45 days to pay for merchandise.Its sales last year were $425,000,and its year-end receivables were $60,000.If its DSO is less than the 45-day credit period,then customers are paying on time.Otherwise,they are paying late.By how much are customers paying early or late? Base your answer on this equation: DSO- Credit period = days early or late,and use a 365-day year when calculating the DSO.A positive answer indicates late payments,while a negative answer indicates early payments.

• A) 6.20
• B) 6.53
• C) 6.86
• D) 7.20
• E) 7.56

Grasp the concept of psychological resilience in the face of catastrophes.

Explain the leading causes of death related to stress and lifestyle in the United States.

Discuss the role of perception, including controllability and predictability, in stress.

Understand the effects of substance abuse on health and the potential for recovery.

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Definitions:

Contract Provision

A specific clause, term, or condition outlined within a contract that specifies obligations, rights, or restrictions.

Court

An institution that has the authority to make decisions on various types of disputes and legal matters, often comprising judges and following a set system of laws.

Unconscionable

Defined as something that is shockingly unfair or unjust, often used in a legal context to describe terms or agreements.

Unfair Contract

An agreement that significantly disadvantages one party over the other, often due to unequal bargaining positions.