{"id":502,"date":"2017-11-04T16:58:45","date_gmt":"2017-11-04T10:58:45","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/the-flower-shoppe-has-accounts-receivable-of-3709-inventory-are-on-credit\/"},"modified":"2017-11-04T16:58:45","modified_gmt":"2017-11-04T10:58:45","slug":"the-flower-shoppe-has-accounts-receivable-of-3709-inventory-are-on-credit","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/the-flower-shoppe-has-accounts-receivable-of-3709-inventory-are-on-credit\/","title":{"rendered":"The Flower Shoppe has accounts receivable of $3,709, inventory&#8230;..are on credit?"},"content":{"rendered":"<p>The Flower Shoppe has accounts receivable of $3,709, inventory of $4,407, sales of $218,640, and cost of goods sold of $167,306. How many days does it take the firm to both sell its inventory and collect the payment on the sale assuming that all sales are on credit?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[68],"subject":[7],"class_list":["post-502","mcq","type-mcq","status-publish","hentry","topic-working-with-financial-statement","subject-corporate-finance"],"mcq_note":"The Flower Shoppe has accounts receivable of $3,709, inventory of $4,407, sales of $218,640, and cost of goods sold of $167,306. How many days does it take the firm to both sell its inventory and collect the payment on the sale assuming that all sales are on credit?Answer:15.81 days.","mcq_options":[{"right":"no","answer":"14.67 days"},{"right":"yes","answer":"15.81 days"},{"right":"no","answer":"16.23 days"},{"right":"no","answer":"17.18 days "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":68,"title":"Working with Financial Statement","slug":"working-with-financial-statement"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=502"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=502"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=502"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}