-According to the Above Table

question 26

Multiple Choice

$\begin{array}{llcc} \text { Net sales reverue } &\$345,000 \\ \text {Cost of goods sold } &\$205,000\\ \text { Average accourts receivable } &\$32,500\\ \text { Average irventory } &\$9,450\\ \text { Average plart, property ard equipment } &\$81,250\\ \text { Average total assets } &\$130,000\\\end{array}$

-According to the above table.Calculate the company's days to sell ratio for the current year?

• A)16.83
• B)21.69
• C)5.94
• D)26.53

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Definitions:

SSE

Sum of Squared Errors, a measure used to indicate the discrepancy between the data and an estimation model.

SSR

Sum of Squared due to Regression, indicates the proportion of variance in the dependent variable that is predictable from the independent variable(s).

SSE

Sum of Squared Errors, a measure used in statistics to quantify the difference between observed and predicted values.

Test Statistic F

A ratio of variances used in the context of an F-test in statistical analysis, to compare the variances of two samples or treatments.