How Is the Figure for 'Average Days of Sales' Calculated

question 6

Multiple Choice

How is the figure for 'average days of sales' calculated?

• A) (Average net accounts receivable/Net sales)× 365 days
• B) (Average net accounts receivable × Net sales)/365 days
• C) (Average net accounts receivable/Net sales)/180 days
• D) (Average net accounts receivable/Net sales)× 180 days

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Definitions:

Autosome

Any chromosome that is not a sex chromosome, involved in determining the genetic traits of an organism except for the sex.

Allele

One of two or more versions of a gene that determine variations in a hereditary characteristic.

Gamete

A mature haploid male or female germ cell which is able to unite with another of the opposite sex in sexual reproduction to form a zygote.

Chromosomes

Protein-based, threadlike formations present in the nuclei of plant and animal cells, consisting of a single DNA (deoxyribonucleic acid) molecule.