SwenCorp Had Sales of $154 Million This Year and an Average

question 100

Multiple Choice

SwenCorp had sales of $154 million this year and an average accounts receivable of $18 million per day. Its credit terms specify "2/14 net 40." On average, how long does it take to collect on its sales?

• A) 8.5 days
• B) 13 days
• C) 28 days
• D) 43 days

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Definitions:

Atactic

A term describing a polymer chain configuration where the substituents on the carbon backbone are randomly oriented, leading to an amorphous material.

Crystallinity

A measure of the degree to which a material has a well-defined crystal structure.

Crystalline Polymers

Polymers characterized by a highly ordered structure resulting in sharp melting points and often increased strength and rigidity.

Plasticizer

A substance added to a material to increase its flexibility or fluidity.