A Company Reports the Following

question 178

Short Answer

A company reports the following:
Determine:
(a) accounts receivable turnover
(b) number of days' sales in receivables.
Round your answer to one decimal place.

---

Definitions:

Labor Supply

The total hours that workers are willing and able to work at a given wage rate, in a given time period.

Labor Demand

The total amount of workers that employers are willing and able to hire at a given wage rate within an economy.

Compensating Differentials

Wage differentials that arise to compensate workers for the desirability or undesirability of a job's characteristics.

Job Characteristics

Encompass the attributes, roles, responsibilities, and overall environment of a particular job that influence the job holder's motivation and satisfaction levels.