Data from Kooistra Corporation's Most Recent Balance Sheet Appear Below

question 129

Multiple Choice

Data from Kooistra Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,270 and the cost of goods sold was $770.
-The average sale period for Year 2 is closest to:

• A)51.7 days
• B)221.3 days
• C)78.2 days
• D)85.3 days

---

Definitions:

Salesperson

An individual who sells goods or services to customers, often working on commission and focusing on meeting customer needs.

Purchase

The act of buying goods or services, involving a transaction between a buyer and a seller.

Web-Based Technologies

Internet-enabled tools and systems that allow users to perform tasks, exchange information, and access services online.

Social Technologies

Digital tools and platforms that enable interaction and collaboration among users.