Examlex

Solved

Kinston Industries Has an Average Accounts Payable Balance of $220,000

question 46

Essay

Kinston Industries has an average accounts payable balance of $220,000.Its annual cost of goods sold is $5,475,000,and it receives terms of 2/10,net 30 from its suppliers.Kinston chooses to forgo this discount.Is Kinston managing its accounts payables well?


Definitions:

Overt Racism

Blatant and openly exhibited racial prejudice and discrimination.

Invisible

Often used metaphorically to describe something that is not noticeable or recognized, despite its presence or impact.

Whiteness

A socially constructed racial category that consists of institutionalized practices and ideas that people participate in consciously and unconsciously. Whiteness is simultaneously taken for granted, largely invisible, and a yardstick for judgment of behavior and ideas.

Unspoken

Referring to something not expressed in spoken words but understood or implied.

Related Questions