Which of the following formula computes the average collection period?
Select one:
A. Account receivable / Average daily sales
B. 365 / Average accounts receivable
C. 365 / Accounts receivable turnover
D. Sales / Average accounts receivable
C. 365 / Accounts receivable turnover
Business
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Which of the following accounts would NOT be considered a permanent account?
A) Accounts Receivable B) Depreciation Expense C) Accounts Payable D) Office Supplies
Business
The Black-Scholes-Merton model assumes that the volatility does not change throughout the option's life
Indicate whether the statement is true or false
Business