Trendy Traders Reported Total Sales Amounting to $1,000,000 in the Year

question 8

Multiple Choice

Trendy Traders reported total sales amounting to $1,000,000 in the year 2015,of which 80% were on credit.At 31 December,customers owed $100,000.If the firm operates for 365 days a year,how long,on average,does it take to collect money from its debtors?

• A) 29 days.
• B) 13 days.
• C) 10 days.
• D) 46 days.

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Label

A user interface element that displays text on a screen, often used in graphical user interfaces to provide information or instructions.

Rounded Rectangle

A geometric shape resembling a rectangle with rounded corners, combining the properties of both circles and rectangles.

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An ImageIcon in Java Swing represents an icon from an image, used in GUI applications to display pictures.

Heart.gif

It refers to a GIF image file with a naming convention that suggests the image is of a heart.