The Accounts Receivable Turnover Ratio for a Merchandiser Is 9

question 80

Multiple Choice

The accounts receivable turnover ratio for a merchandiser is 9.6 times.Calculate the days' sales in receivables for the merchandiser.(Round your answer to the nearest day. )

• A)34 days
• B)38 days
• C)29 days
• D)41 days

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Definitions:

Mood-congruent Memory

The inclination to remember experiences that align with one's present emotional state.

Depressed People

Individuals experiencing a state of low mood and aversion to activity, affecting their thoughts, behavior, feelings, and sense of well-being.

Parents

Guardians or caretakers who are responsible for raising and nurturing a child, providing emotional, financial, and educational support.

Recalled

Being brought back into awareness or action, often used in the context of remembering something or removing a product from the market.