E-Ray Ltd Has Net Sales on Account of $1,900,000

question 113

Multiple Choice

e-Ray Ltd has net sales on account of $1,900,000.The average net accounts receivable are $660,000.Calculate the days' sales in receivables.

• A)365 days
• B)350.4 days
• C)126.7 days
• D)2.88 days

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Definitions:

Neurotransmitter

Chemicals in the brain that transmit signals from one nerve cell to another, influencing various bodily functions and emotions.

Heroin Use

the act of consuming heroin, an illegal opioid drug known for its euphoric effects as well as its high potential for addiction and dependency.

Endorphins

Neurochemicals produced in the brain that act as natural painkillers and mood elevators, often released during exercise, excitement, and pain.

Vigorous Exercise

Physical activity that is intense enough to significantly increase heart rate and respiratory rate, burning more calories and strengthening the cardiovascular system more than moderate exercise.