Which of the Following Factors Are Used to Compute the Average

question 96

Multiple Choice

Which of the following factors are used to compute the average collection period of accounts receivable?

• A) Inventory turnover and 365 days
• B) Net sales and average inventory
• C) Accounts receivable turnover and 365 days
• D) Average accounts receivable and cost of goods sold

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Definitions:

Working Memories

A cognitive system that holds information temporarily available for processing tasks such as reasoning and comprehension.

Basal Ganglia

A group of structures linked to the thalamus in the base of the brain and involved in coordination of movement and behavior control.

Procedural Memories

Procedural memories are a type of long-term memory involved in the learning of motor skills and behaviors, allowing individuals to perform tasks without conscious awareness of the learned abilities.

Reticular Formation

A network of neurons in the brainstem involved in arousal and alertness.