A Company Has Net Sales of $800,000, a Beginning Balance

question 114

Multiple Choice

A company has net sales of $800,000, 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) 110 days.
• B) 41 days.
• C) 36 days.
• D) 32 days.

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Definitions:

Physical Decline

The gradual reduction in physical abilities and functions as part of the aging process or due to illness.

Puberty

The developmental stage in which an individual matures sexually and reaches reproductive capability.

Sexual Organs

Body parts involved in the reproductive process, including internal and external structures.

Secondary Aging

The aging process that occurs due to controllable factors such as lifestyle choices, illnesses, and environmental influences, as opposed to primary aging which is inevitable genetic aging.