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

question 65

Essay

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 2016 is closest to:
A)$14,525
B)$19,690
C)$22,710
D)$16,970
E)$24,560

• A)$14,525
• B)$19,690
• C)$22,710
• D)$16,970
• E)$24,560

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Definitions:

Two-tailed

A test in statistics where the critical area of a distribution is two-sided and tests whether a sample is greater than or less than a certain range of values.

Zero-tailed

Refers to a type of hypothesis test in statistics where the area of interest is on one extreme end of the distribution curve, indicating whether a sample mean is either significantly higher or lower than the population mean.

Random Assignment

The use of random selection to assign research participants to experimental groups.

Control Group

In experimental research, a group that does not receive the experimental treatment and is used as a benchmark to measure the effects of the treatment.