Delta PDA Distributors Has an Investment in Accounts Receivable of $2,750,000

question 16

Multiple Choice

Delta PDA Distributors has an investment in accounts receivable of $2,750,000. Daily credit sales are $118,280. If 30% of Delta's credit customers receive a discount by paying within 10 days and the remainder of Delta's customers pay in 40 days, what is the Average collection period that Delta maintains?

• A) 31 days
• B) 40 days
• C) 37 days
• D) 19 days

---

Definitions:

Research Ethics

The moral principles that govern the conduct of research, ensuring the integrity and ethical treatment of all research subjects.

Multidetermination

The concept that a single observed behavior or phenomenon may be caused by multiple factors.

L Data

Life record data, a type of data in psychological studies that involves real-world outcomes and behaviors observable in an individual's life.

Expectancy Effect

The influence of researchers' or subjects' expectations on the outcome of a study, potentially biasing results.