A Company with Net Sales of $1,642,500, a Beginning Balance

question 140

Multiple Choice

A company with net sales of $1,642,500, a beginning balance of net receivables of $187,500, and an ending balance of net receivables of $235,500 has a days' sales in receivables (rounded) of:

• A) 42 days.
• B) 47 days.
• C) 52 days.
• D) 56 days.

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Definitions:

Serotonin

Serotonin is a neurotransmitter known for its role in feelings of well-being and happiness, and it affects mood, anxiety, and sleep among other physiological processes.

LTP

Long-Term Potentiation; a long-lasting enhancement in signal transmission between two neurons that results from stimulating them synchronously, foundational for learning and memory.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, involved in the body's fight-or-flight response.

Emotional Arousal

A state of heightened physiological and psychological activity, often in response to an emotion-evoking stimulus.