Use the Following to Answer Questions

question 1

Multiple Choice

Use the following to answer questions
Excerpts from Dowling Company's December 31,2016 and 2015,financial statements and key ratios are presented below (all numbers are in millions) :

-Dowling's 2016 average collection period is (rounded) :

• A)50 days.
• B)63 days.
• C)57 days.
• D)51 days.

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Definitions:

Selman's Stages

A theory outlining the stages of development of children's ability to understand others' perspectives and social relationships.

Adjustment

The process of adapting or becoming used to a new situation or environment.

Middle Childhood

A developmental stage that typically includes children from ages 6 to 12, characterized by physical, cognitive, and social growth.

Well Liked

Describes someone who is favorable or pleasing to others, often due to their personality, actions, or characteristics.