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The Accounts Receivable Turnover Ratio for a Merchandiser Is 9

question 80

Multiple Choice

The accounts receivable turnover ratio for a merchandiser is 9.6 times.Calculate the days' sales in receivables for the merchandiser.(Round your answer to the nearest day. )


Definitions:

Continuous Schedule

A system or plan that operates or is in effect without interruption, often used in production or service delivery to ensure constant output.

Behaviour

The way in which one acts or conducts oneself, especially towards others, driven by internal or external stimuli.

Immediate Reinforcement

The provision of a reward or penalty right after a specific behavior, to increase the likelihood of that behavior occurring again.

Desirable Behaviour

Actions or conduct that are considered preferable or appropriate within a given social or organizational context.

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