Based on the Following Data for the Current Year,what Is

question 32

Multiple Choice

Based on the following data for the current year,what is the number of days' sales in accounts receivable?

• A)12.5
• B)14.17
• C)25.76
• D)15.8

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Definitions:

Payback Period

The amount of time it takes for an investment to generate enough cash flow to recover its initial cost.

Annual Net Operating Income

The total profit generated from a company's operations over a fiscal year, excluding certain costs and revenues.

Cash Inflows

The total amount of money being transferred into a company, typically from operations, financing, or investing activities.

Net Cash Inflows

The total amount of cash received by a company during a specific period, minus the total amount of cash outflows.