The Following Data Is Available for Toys 4 U for the Years

question 102

Essay

The following data is available for Toys 4 U for the years 2004 through 20X7: Toys 4 U Financial Data $$\begin{array} { | l | r | r | r | r | } \hline & 20X 7 & 20X6 & 20X 5 & 20X 4 \\\hline \text { Cost of sales } & \$ 8,191 & \$ 7,710 & \$ 6,892 & \$ 6,592 \\\hline \text { Accounts payable } & 1,415 & 1,280 & 1,346 & 1,182 \\\hline\end{array}$$ 1. Calculate the trade payables turnover ratio for the following years: $$\begin{array} { | l | } \hline \text { a. } 20X7 \quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\\\hline \text { b. } 20X6 \\\hline \text { c. } 20X 5 \\\hline\end{array}$$
2. Calculate the number of days it is taking Toys 4 U to pay their vendors: $$\begin{array} { | l | } \hline \text { a. } 20X 7\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad\quad \\\hline \text { b. } 20X 6 \\\hline \text { c. } 20X 5 \\\hline\end{array}$$
3. Explain whether Toys 4 U is doing a better job at paying their vendors in a timely manner.

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Definitions:

Constructivist Therapist

A therapist who operates from the perspective that individuals construct their own understanding of the world based on personal experiences and internal knowledge.

Constructivist Therapies

Forms of therapy based on the principle that an individual's reality is constructed by their own perceptions and experiences, focusing on exploring and changing these constructs.

Case Study Methods

A research strategy that involves an in-depth, detailed investigation of a subject or a small group, often used in psychology, sociology, and anthropology.

Solution-focused Therapy

A short-term goal-focused therapeutic approach that emphasizes the development and execution of solutions to problems rather than focusing on the problems themselves.