Net Sales for the Current Period Were $114,000 and Average

question 10

Multiple Choice

Net sales for the current period were $114,000 and average receivables were $96,250. What is the amount of day's sales in receivables?

• A)233 days
• B)266 days
• C)308 days
• D)416 days

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Definitions:

Large-Scale

Referring to activities, operations, or phenomena that involve a wide scope or extensive size, often impacting a large number of people or areas.

National Standardized Test

A type of examination that is administered and scored in a consistent manner across different locations and institutions to assess individuals against a common standard.

Universal Curriculum

An educational program or set of standards designed to be accessible and applicable to all students, regardless of background or ability.

Individualized Education Plan

An Individualized Education Plan (IEP) is a customized educational plan designed to meet the unique needs of a student with a disability, ensuring they receive appropriate support in school.