Calculate C Co's Receivables Turnover Ratio and the Days' Sales

question 62

Multiple Choice

Calculate C Co's receivables turnover ratio and the days' sales in receivables for 2012.

• A) 11.15 times and 32.7 days
• B) 11.43 times and 31.9 days
• C) 3.47 times and 105.2 days
• D) 11.02 times and 33.1 days

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Definitions:

Internal Factors

Internal factors refer to elements within an organization that can affect its operations, including employee skills, corporate culture, and management systems.

High-Quality Exchange

Interactions characterized by trust, mutual respect, and reciprocal influence, often leading to positive outcomes in relationships.

Administrative Duties

Tasks related to the management and execution of daily operations within an organization, including paperwork, scheduling, and organizing.

High LMX Relationship

A high-quality Leader-Member Exchange relationship characterized by mutual trust, respect, and obligation between a leader and a follower.