Calculate the Inventory-To-Sale Conversion Period Based on the Following Information

question 26

Multiple Choice

Calculate the inventory-to-sale conversion period based on the following information: average inventories = $120,000; average receivables = $90,000; average payables = $40,000; cost of goods sold = $182,500; and net sales = $365,000.

• A) 240.0 days
• B) 180.0 days
• C) 90.0 days
• D) 60.0 days
• E) 45.0 days

Grasp the fundamental concepts of culture and its impact on human behavior.

Understand the process of developing sound study habits and effective learning strategies.

Recognize the role of heredity and environment in shaping behavior.

Identify different psychological perspectives and their approaches to understanding human behavior.

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Definitions:

Sexual Motives

The psychological and physiological factors that drive individuals towards sexual behavior and activities.

Anti-Freud

Refers to theories or perspectives that dispute or reject the psychoanalytic theories proposed by Sigmund Freud.

Oedipus Complex

A concept in psychoanalytic theory referring to a child's unconscious sexual desire for the opposite-sex parent and jealousy toward the same-sex parent.

Sexual Attachment

A type of emotional bond formed through sexual activity, potentially influencing feelings of closeness and connection between sexual partners.