A Company Has Net Credit Sales of $91,000,beginning Net Accounts

question 60

Multiple Choice

A company has net credit sales of $91,000,beginning net accounts receivable of $24,000 and ending net accounts receivable of $16,000.Calculate the days' sales in receivables.(Round any intermediate calculations to two decimal places,and your final answer to the nearest whole day. )

• A)61 days
• B)50 days
• C)91 days
• D)80 days

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Definitions:

Emotion Research

The scientific study aimed at understanding the psychological and physiological aspects of emotions, including their causes, effects, and mechanisms of expression and regulation.

Gut-level

Relating to an instinctive emotional response rather than a rational process.

Biological Reactions

The complex biochemical processes and interactions that occur within living organisms, essential for maintaining life.

Catharsis Hypothesis

The theory that expressing or venting aggressive or other pent-up emotions leads to a release and reduction of those feelings.