Jonathan Has Been Convicted of His Third Felony in a State

question 2

Multiple Choice

Jonathan has been convicted of his third felony in a state with "three-strikes-and-you're-out" laws.He is most likely to be sentenced to ________.

• A)10 to 15 years in prison with parole
• B)five years in prison without parole
• C)capital punishment
• D)life imprisonment
• E)rigorous imprisonment for three years

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Definitions:

Accounts Receivable

Outstanding payments from customers for goods or services a company has already delivered.

Average Collection Period

The average number of days it takes for a business to receive payments from its customers for invoices issued, indicative of the effectiveness of a company's credit and collection policies.

Net Sales

The amount of sales generated by a company after deductions for returns, allowances for damaged or missing goods, and discounts.

Accounts Receivable

Amounts owed to a business by its customers for goods or services that have been delivered but not yet paid for.