The Accounts Receivable Turnover Ratio of a Merchandiser Is 9

question 21

Multiple Choice

The accounts receivable turnover ratio of a merchandiser is 9.8 times. Calculate the days' sales in receivables for the merchandiser. (Round to the nearest day.)

• A)33 days
• B)37 days
• C)28 days
• D)40 days

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Definitions:

Diffusion

The movement of molecules or particles from regions of higher concentration to regions of lower concentration.

Physiological Dead Air Space

The volume of the airways where gas exchange does not occur, including parts of the bronchial tree and trachea.

Anatomic Dead Space

The portion of the respiratory system where gas exchange does not occur, including the nose, trachea, and bronchi, where air is moved in and out without being involved in oxygen/carbon dioxide exchange.

Respiratory Membrane

The thin barrier through which gas exchange occurs between the air in the lungs and the blood in capillaries.