Reston Inc

question 41

Multiple Choice

Reston Inc.'s annual sales normally equal $17,000,000. Ten (10) percent of Reston's sales are cash payments; the remaining 90 percent of sales are on credit, with 40 percent outstanding for 10 days, 30 percent outstanding for 20 days, 20 percent outstanding for 25 days, and 10 percent outstanding for 30 days. What is Reston's days sales outstanding (DSO) ?

• A)19.00 days
• B)18.00 days
• C)21.25 days
• D)17.00 days
• E)23.75 days

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Definitions:

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, essential for maintaining the body's circulatory system.

Tourniquet

A device applied to a limb to apply pressure and restrict blood flow, commonly used to control bleeding during surgery or after injury.

Circulation

The continuous movement of blood through the heart and blood vessels, delivering oxygen and nutrients to the body and removing waste products.

William Harvey

A 17th-century English physician known for his contributions to the understanding of blood circulation.