Delta Company Has Determined That, on Average, It Turns Its

question 19

Essay

Delta company has determined that, on average, it turns its receivables over 14.5 times per year.Last year its receivables turnover was 12.7.Calculate both year days in receivables, and indicate if this is a positive or negative trend.

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Definitions:

Normative Statement

A statement that expresses a value judgment or opinion, not a fact, and suggests how things should be.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Elderly

Refers to individuals in a population who are aged, typically defined as being of retirement age or older, often considered 65 years and above in many societies.

Normative Economic Statements

Assertions about what ought to be in the economy, reflecting judgments and prescriptions for economic policy.