A Recent Annual Report for C Co 1 Calculate the Receivables Turnover Ratio and Average Collection Period

question 76

Essay

A recent annual report for C Co. contained the following data: $$\begin{array} { | l | r | r | } \hline & \underline { \mathbf { 2 0 1 2 } } & \underline { \mathbf { 2 0 1 1 } } \\\hline \text { Trade receivables } & \$ 1,798 & \$ 1,666 \\\hline \text { Less: Allowance for Doubtful Accounts } & 12 & 10 \\\hline \text { Net trade receivables } & 1,786 & 1,656 \\\hline \text { Net sales (assume all are on credit) } & \$ 19,805 & \\\hline\end{array}$$
1. Calculate the receivables turnover ratio and average collection period for the year:
a. Receivables turnover
b. Average collection period
2. What do these results indicate?

Distinguish between different perspectives and theories related to power and empowerment.

Recognize strategies for reducing disruptive politics and enhancing organizational harmony.

Understand the role and impact of empowerment in organizational leadership and performance.

Analyze the effects of leadership roles and structures on power dynamics.

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Definitions:

Ryff Well-Being Inventory

A psychological assessment tool that measures facets of well-being including autonomy, personal growth, and environmental mastery.

Environmental Mastery

The ability of an individual to effectively manage and alter their environment to suit their needs.

Purpose in Life

The sense of meaning, direction, and intentionality in an individual's existence.

Psychological Well-Being

A state, comprising aspects such as self-acceptance, personal growth, purpose in life, positive relations with others, environmental mastery, and autonomy, reflecting an individual's psychological functioning and satisfaction with life.