On Average,your Firm Sells $38,700 of Items on Credit Each

question 23

Multiple Choice

On average,your firm sells $38,700 of items on credit each day.The firm's average operating cycle is 49 days and it acquires and sells inventory,on average,every 17 days.What is the average accounts receivable balance?

• A)$657,900
• B)$848,000
• C)$1,238,400
• D)$1,315,500
• E)$1,896,300

---

Definitions:

Subordinate Defensiveness

A defensive reaction from employees towards criticism or perceived threats from supervisors, often hindering feedback and growth.

Passive Behavior

A non-assertive communication style wherein individuals avoid expressing their opinions or needs, often leading to internalized frustration.

Aggressive Behavior

Actions or conduct that are hostile or violate social norms, potentially causing harm to others or oneself.

Communication Barriers

Obstacles that impede the flow of information between communicators, which can be physical, psychological, or linguistic.