The Home Supply Co

question 30

Multiple Choice

The Home Supply Co. has a current accounts receivable balance of $300,000. Credit sales for the year just ended were $1,830,000. How many days on average did it take for credit customers to pay off their accounts during this past year?

• A)54.29 days
• B)56.01 days
• C)57.50 days
• D)59.84 days
• E)61.00 days

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Definitions:

Act Of Terrorism

Any violent act or acts dangerous to human life that are a violation of the criminal laws of a state or the United States, intended to intimidate or coerce a civilian population or government policy by coercion or intimidation.

Biological Event

An occurrence within a biological system or organism that typically leads to a significant change or process, such as a mutation, disease outbreak, or species interaction.

Unexplained Deaths

Deaths that occur without a clear reason, often leading to further investigation to determine the cause.

Geographical Pattern

The distribution of a specific phenomenon or characteristics across different locations or areas.