In a Recent Hiring Period, XYZ Corporation Hired 23% of the Males

question 63

Multiple Choice

In a recent hiring period, XYZ Corporation hired 23% of the males who applied and 11% of the females. A lawsuit was contemplated because these numbers seemed to indicate that there was gender discrimination. On closer examination, it was found that XYZ was hiring for only two of its divisions: engineering and secretarial. Applicants applying by gender per department are given in the following table: For the secretarial division, what percentage of male applicants were hired?

• A)22%
• B)15%
• C)10%
• D)5%

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Definitions:

Managing Receivables

The process of overseeing and collecting amounts owed to a company by its customers to ensure timely payments and maintain healthy cash flows.

Extended Credit

An arrangement allowing customers to purchase goods or services on account and pay for them at a later date, beyond the standard billing period.

Uncollectible Notes

Loans or promissory notes that have been deemed uncollectible by the creditor due to the borrower's inability to pay.

Bad Debts Expense

Bad debts expense represents the estimated amount of accounts receivable that a company does not expect to collect due to customers' inability to fulfill payment obligations.