With the Proper Changes It Is Believed That Ideko's Credit

question 10

Multiple Choice

With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2008 is closest to:

• A)$14,525
• B)$19,690
• C)$22,710
• D)$16,970

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Definitions:

Reliable

Capable of being trusted or depended upon; consistent in performance or outcome.

Correlation Coefficient

A numerical indicator showing the degree to which multiple variables co-vary.

Cause-and-Effect Relationship

A connection between two events where one event (cause) leads to the outcome of another event (effect).

Sampling Bias

A distortion in the outcome of a study due to the method in which samples are collected, resulting in a non-representative sample of the population.