{"id":503,"date":"2017-11-04T16:56:53","date_gmt":"2017-11-04T10:56:53","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/als-sport-store-has-sales-of-897400-costs-of-goods-sales-are-on-credit\/"},"modified":"2017-11-04T16:56:53","modified_gmt":"2017-11-04T10:56:53","slug":"als-sport-store-has-sales-of-897400-costs-of-goods-sales-are-on-credit","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/als-sport-store-has-sales-of-897400-costs-of-goods-sales-are-on-credit\/","title":{"rendered":"Al&#8217;s Sport Store has sales of $897,400, costs of goods&#8230;.sales are on credit?"},"content":{"rendered":"<p>Al&#8217;s Sport Store has sales of $897,400, costs of goods sold of $628,300, inventory of $208,400, and accounts receivable of $74,100. How many days, on average, does it take the firm to sell its inventory 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-503","mcq","type-mcq","status-publish","hentry","topic-working-with-financial-statement","subject-corporate-finance"],"mcq_note":"Al's Sport Store has sales of $897,400, costs of goods sold of $628,300, inventory of $208,400, and accounts receivable of $74,100. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?Answer:121.07 days .","mcq_options":[{"right":"no","answer":"74.19 days "},{"right":"no","answer":"84.76 days"},{"right":"yes","answer":"121.07 days "},{"right":"no","answer":"138.46 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\/503","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=503"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=503"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=503"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}