If a Firm Has a Receivables Turnover of 12, on Average

question 1

Multiple Choice

If a firm has a receivables turnover of 12, on average, which of the following would be the firm's average collection period?

• A)12 months
• B)1 month
• C)8.33 months67
• D)not enough information given

Recognize various internet services and their applications.

Describe computing concepts including software, programs, and operating systems.

Examine input and output devices along with their roles in computing.

Comprehend the principles of green computing and its importance.

---

Definitions:

Restless

A feeling of being unable to stay still or at ease, often leading to fidgeting or constant movement due to anxiety or boredom.

Discontent

A feeling of dissatisfaction or unhappiness with one's circumstances or environment.

Five-Need Hierarchy

A reference to Maslow’s hierarchy of needs, which outlines five levels of human needs from basic (physiological) to higher order (self-actualization).

Innate

Referring to qualities, abilities, or characteristics that are present from birth and not significantly influenced by external factors or learned experiences.