A Firm Has Average Accounts Receivable of $85,000,and,on Average,takes 50

question 44

Multiple Choice

A firm has average accounts receivable of $85,000,and,on average,takes 50 days to collect on its sales.What is the total amount of the firm's sales?

• A)$98,500
• B)$620,500
• C)$26.8 million
• D)$78 million
• E)$31 million

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Definitions:

Benign Prostatic Hyperplasia

A noncancerous enlargement of the prostate gland, often leading to urinary issues in older men.

Saw Palmetto

A plant used in herbal medicine believed to support urinary function and prostate health.

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A condition of the skin characterized by redness, swelling, pain, or heat, which can result from various causes, including infections, allergic reactions, or chronic diseases.

Aloe

A genus of succulent plants, often used in traditional medicine for its soothing, healing properties on skin and wounds.