Amanda's Interior Design Has Sales of $462,000,costs of Goods Sold

question 85

Multiple Choice

Amanda's Interior Design has sales of $462,000,costs of goods sold of $308,000 and average accounts receivable of $48,900. How long does it take its credit customers to pay for their purchases?

• A) 36.09 days
• B) 38.63 days
• C) 41.23 days
• D) 44.20 days
• E) 57.95 days

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Definitions:

Dysfunctional

Adjective describing behavior or relationships that are impaired, abnormal, or detrimental to effective operation or well-being.

Task-Related

Pertains to or involves the actions or activities directly associated with completing a specific job or assignment.

Hypothetical Questions

Questions based on possible situations or scenarios rather than actual events, often used to explore reactions or decisions.

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