Based on the following data for the current year, what is the number of days' sales in accounts receivable? Net sales on account during year $584,000 Cost of merchandise sold during year 300,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000

A) 7.3
B) 2.5
C) 14.6
D) 25

D

Business

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Assembly lines and mass-production processes are examples of _____________ task interdependence.

What will be an ideal response?

Business

Which of the following statements is FALSE?

A) Bank loans are typically initiated with a promissory note, which is a written statement that indicates the amount of the loan, the date payment is due, and the interest rate. B) The most straightforward type of bank loan is a single, end-of-period-payment loan. C) With a fixed interest rate, the specific rate that the bank will charge is stipulated at the time the loan is made. D) One of the primary sources of short-term financing, especially for small businesses, is the investment bank.

Business