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:

Phonology

The branch of linguistics concerned with the systematic organization of sounds in languages.

Audition

The formal term for the sense of hearing, or the process by which sound waves are converted into neural signals that the brain interprets.

Underextension

The overly restrictive use of words, common in early language development, where a child uses a word only for a specific object rather than for all objects that belong to a particular category.

Referential Style

A language learning approach in which individuals predominantly use language to refer to people and objects in their environment.