If the Collection Period of a Company Is 31 Days

question 152

Multiple Choice

If the collection period of a company is 31 days, and the average receivables is $70,060, what is the total amount of the credit sales?

• A) $2,171,860
• B) $ 824,900
• C) $ 83,126
• D) $ 2,260

Understand the application of Kelly's theory in clinical settings and its implications for therapy.

Comprehend the dynamic nature of personal constructs and their amenability to change and revision.

Appreciate the predictive power of personal constructs in understanding behavior.

Understand how personal constructs are formed, tested, and modified.

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Definitions:

Conservative Judges

Judges who tend to adhere to traditional values and principles in making legal decisions, often favoring judicial restraint over activism.

Centrist Judges

Judges who hold moderate views, avoiding extreme positions or decisions in the interpretation of law.

Certificate Of Deposit

A savings certificate issued by a bank to a person depositing money for a specified length of time at a fixed interest rate.

Bond

A financial instrument representing a loan made by an investor to a borrower, typically a corporation or government.