If a Small Company Has Average Daily Sales of $5,000

question 18

Multiple Choice

If a small company has average daily sales of $5,000 and accounts receivable of $150,000, what is the average days of accounts receivable?

• A)30 days
• B)3.3 days
• C)$5,000/month
• D)33.3 days

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Definitions:

Demonstration

A method of teaching or showing how a process or activity is performed through direct action or presentation.

Finger-Stick Blood Sugar

A method for checking blood glucose levels by pricking the fingertip to obtain a small blood sample.

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A hormone produced in the pancreas that regulates the amount of glucose in the blood, essential for people with diabetes.

Brochure

A small booklet or pamphlet, often containing promotional material or information on a particular subject.