Data from Dunshee Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$130 $100 Accounts receivable, net 270 290 Inventory 90 110 Prepaid expenses 10 10 Total current assets$500 $510 Total current liabilities$230 $220 Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730.The average collection period for Year 2 is closest to:
A. 84.3 days
B. 1.1 days
C. 0.9 days
D. 87.3 days
Answer: D
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An equity security with systematic risk equal to the average amount of systematic risk of all equity securities in the market
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A judge is asked to rule on a reverse-discrimination case involving an affirmative action plan at a local business. Under which of the following conditions is the judge most likely to rule against the affirmative action plan?
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According to the buyer resolution theory, which of the following is an important factor that the consumer is likely to consider before making a purchase?
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