How High Can Accounts Receivable Be Allowed to Grow Before

question 107

Multiple Choice

How high can accounts receivable be allowed to grow before the firm's receivables period exceeds 50 days if annual sales equal $5 million and the cash conversion cycle equals 75 days?

• A) $342,466
• B) $684,932
• C) $1,027,397
• D) $1,712,329

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Definitions:

Dissenting Values

Values or beliefs that differ significantly from those of the dominant group or culture, leading to opposing viewpoints or actions.

Subcultures

Groups within a broader culture that distinguish themselves through a unique set of behaviors, values, and norms.

Dominant Culture

The prevailing values, beliefs, and norms in an organization or society, which often influence the behavior and attitudes of its members.

Organizational Culture

The shared values, beliefs, and norms that influence the behavior and practices of individuals within an organization.