Max's Tire Center Company

question 71

Multiple Choice

Max's Tire Center Company
Selected data from the financial statements of Max's Tire Center are provided below.

- Refer to the selected data provided for Max's Tire Center. What is Max's days-in-receivables ratio in 2012?

• A) The days-in-receivables ratio is 50.62 in 2012.
• B) The days-in-receivables ratio is 54.75 in 2012.
• C) The days-in-receivables ratio is 42.62 in 2012.
• D) The days-in-receivables ratio is 60.04 in 2012.

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Definitions:

Interorganizational Agreements

Interorganizational agreements are formal contracts or partnerships between different entities to pursue shared objectives or projects.

Organization Design

The process of structuring an organization's roles, responsibilities, and systems to achieve its goals and strategy efficiently.

Organizational Resistance

Opposition or pushback from employees or members of an organization against changes or policies perceived as harmful or unwanted.

Economic Reasons

Factors related to financial considerations that influence decisions or actions.