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Data on Shick Inc ?
A) $9,124
B) $8,331
C) $12,100
D) $9,918
E)

question 58

Multiple Choice

Data on Shick Inc.for last 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.Do not round your intermediate calculations.  Sales $111,000 Accounts receivable $16,000 Days Sales Outstanding (DSO)  52.61 Benchmarks’ Days Sales Outstanding (DSO)  20.000\begin{array} { l r } \text { Sales } & \$ 111,000 \\\text { Accounts receivable } & \$ 16,000 \\\text { Days Sales Outstanding (DSO) } & 52.61 \\\text { Benchmarks' Days Sales Outstanding (DSO) } & 20.000\end{array}
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Time-Out

A behavior-modification technique in which a child who misbehaves is temporarily removed from positive reinforcement.

Misbehaves

To act out or behave badly, contrary to established rules or expectations.

Punishment

A consequence administered to reduce the likelihood of a behavior occurring in the future, often involving an unpleasant or negative experience.

Shaping

Shaping is a psychological conditioning technique in which successive approximations toward a desired behavior are reinforced, gradually leading to the adoption of the behavior.

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