Data on Nathan Enterprises for the Most Recent Year Are

question 13

Multiple Choice

Data on Nathan Enterprises for the most recent year are shown below, along with the days sales outstanding of the firms against which it benchmarks.The firm's new CFO believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average.If this were done, by how much would receivables decline? Use a 365-day year. $$\begin{array} { l r } \text { Sales } & \$ 110,000 \\\text { Accounts receivable } & \$ 16,000 \\\text { Days sales outstanding (DSO) } & 53.09 \\\text { Benchmark days sales outstanding (DSO) } & 20.00\end{array}$$

• A) $8,078
• B) $8,975
• C) $9,973
• D) $10,970
• E) $12,067

Identify the regulations surrounding nondiscriminatory benefits for highly compensated employees in pension and profit-sharing plans.

Understand various retirement and annuity options available to individuals.

Calculate the taxable portion of annuity payments received by an individual.

Identify the benefits of establishing an annuity contract in retirement.

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Definitions:

Substitute Similar Products

Alternative products that serve the same purpose or function as the original product, often used to mitigate risks of stockouts or to diversify product offerings.

Flexible Capacity Lever

A strategy that enables a business to adjust its production capacity quickly in response to changing market demands, using methods like overtime, subcontracting, or temporary workers.

Outsource Call Centers

involves contracting an external service provider to manage customer service and support functions, including handling calls, emails, and chat services.

Independent Supply Chains

Systems or networks operating autonomously without reliance on or integration with external entities.