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:

Sodium

Sodium is a chemical element with the symbol Na and atomic number 11, a soft, silvery-white, highly reactive metal.

Potassium

A chemical element with symbol K, vital for plant growth and important in nerve function in animals.

External Environment

The surroundings outside an organism or system that can influence its behavior or development.

Somatic Nervous System

The somatic nervous system is a component of the peripheral nervous system associated with the voluntary control of body movements through the action of skeletal muscles.