The accounts receivable turnover for 20X5 was:

Select one:

a. 8.01

b. 7.67

c. 8.35

d. 7.53

The average collection period in days for 20X5 was: (calculate using 365 days as a year)

Select one:

a. 48.4 days

b. 12.4 days

c. 38.4 days

d. 22.6 days

Which of these terms is restrictive from a buyer's perspective since the seller assumes little or no risk?

Select one:

a. Cash in advance

b. Cash before delivery

c. 2% 10, NET 30

d. both A and B