Blue Gem Supply Has an Average Days' in Receivable of 44

question 99

Multiple Choice

Blue Gem Supply has an average days' in receivable of 44 days. Blue's Accounts Receivable turnover is closest to: (Assume a 365-day year in your calculations. Round your final answer to the closest day.)

• A)44.
• B)8.
• C)11.
• D)15.

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Definitions:

Quantitative Data

Numerical information that can be measured and analyzed statistically.

Mainstream

Ideas, attitudes, or activities that are regarded as normal or conventional by the majority of people in a society.

Cognitive Psychology

A branch of psychology focused on studying how people think, perceive, remember, and learn.

Perseverance

Persistent determination in doing something despite difficulty or delay in achieving success.