If Net Sales Total $50,000,beginning Accounts Receivable Was $10,000,and Ending

question 36

Multiple Choice

If net sales total $50,000,beginning accounts receivable was $10,000,and ending accounts receivable is 16,000,what is the days' sales collected?

• A)73 days
• B)96 days
• C)118 days
• D)192 days

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Definitions:

Variance

In law, a variance is a granted deviation from the set rules of zoning or building regulations; in statistics, it measures the spread of a set of numbers.

Zoning Ordinance

A law that defines how property in specific geographic zones can be used, regulating building types, sizes, and uses.

Slander

The verbal communication of false statements harmful to a person's reputation.

Untruthful Statements

Declarations or claims that are not accurate, misleading, or false.