Willow Manufacturing Had Net Accounts Receivable of $600,000 at the Beginning

question 89

Multiple Choice

Willow Manufacturing had net Accounts Receivable of $600,000 at the beginning of the year and $740,000 at the end of the year.Net Sales Revenue for 2019 was $5,200,000.What is the days to collect from customers?

• A)60.00
• B)42.12
• C)51.94
• D)47.03

---

Definitions:

Profit Margins

The percentage of revenue remaining after all operating expenses, taxes, and costs are paid, indicating the profitability of a company.

Maximum Amounts

The highest allowable quantities or levels for inventory, budgets, or resources within a specific context to prevent overallocation or waste.

Slack

The amount of time a task in a project can be delayed without causing a delay to subsequent tasks or the overall project timeline.

Profit Margins

The difference between the sales revenue of a product or service and its cost, expressed as a percentage of the sales revenue.