ABC Has Net Sales on Account of $1,200,000

question 31

Multiple Choice

ABC has net sales on account of $1,200,000. The average net account receivables are $600,000. The days' sales in receivables is:

• A) 439.8 days.
• B) 304.0 days.
• C) 182.5 days.
• D) 8.7 days.

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Definitions:

18th

Referring to the eighteenth item in a series or the century spanning from 1701 to 1800 in the Gregorian calendar.

19th Centuries

The period from 1801 to 1900, characterized by significant political, social, and technological changes worldwide.

Immigration Restrictions

Policies or laws designed to control who can enter or stay in a country, often affecting movement and residency.

Split-household

A family arrangement where members live in different locations, often due to economic reasons, migration, or employment opportunities, which affects family dynamics and cohesion.