A Company Has Net Credit Sales of $900,000,a Beginning Balance

question 10

Multiple Choice

A company has net credit sales of $900,000,a beginning balance of net receivables of $70,000,and an ending balance of net receivables of $90,000.Its days' sales in receivables is:

• A)28 days.
• B)30 days.
• C)32 days.
• D)36 days.

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Definitions:

Existentialists

Existentialists are philosophers who emphasize individual freedom, choice, and personal responsibility, arguing that individuals are free to shape their own existence in an inherently meaningless world.

Sartre

Jean-Paul Sartre, a French philosopher, playwright, and critic, one of the leading figures in 20th century existentialism.

Social Laws

Rules or norms that govern behaviors within a society, which are created and enforced by societal institutions.

Humanism

An intellectual movement that emphasizes the value and agency of human beings, individually, and collectively, and generally prefers critical thinking and evidence over acceptance of dogma or superstition.