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Cyclone Inc Calculate the Days' Sales in Receivables for 2011 and 2010

question 61

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Cyclone Inc.reported the following figures from their financial statements for the years 2009 through 2011:
201120102009 Net revenues $717,422$1,110,178$591,786 Gross profit 560,421960,434498,605 Net income (net loss) (92,788)70,77647,811 Cash flow from operations 106,850509,707204,496 Accounts receivable 68,64890,56156,454\begin{array} { l r r r } & \underline { 2011 } & \underline { 2010 } & \underline { 2009 } \\\text { Net revenues } & \$ 717,422 & \$ 1,110,178 & \$ 591,786 \\\text { Gross profit } & 560,421 & 960,434 & 498,605 \\\text { Net income (net loss) } & ( 92,788 ) & 70,776 & 47,811 \\\text { Cash flow from operations } & 106,850 & 509,707 & 204,496 \\\text { Accounts receivable } & 68,648 & 90,561 & 56,454\end{array} Calculate the days' sales in receivables for 2011 and 2010:


Definitions:

Inappropriate Behavior

Actions or conduct deemed unacceptable or not suitable for a given context or situation, often violating social norms or expectations.

DRO

Differential Reinforcement of Other behavior, a strategy in behavior modification where reinforcement is provided for any behavior that is not the unwanted behavior.

DRL

Differential Reinforcement of Low Rates, a behavior modification strategy aimed at reducing the frequency of undesired behaviors.

DRL-IRT Schedule

A DRL schedule in which the target behavior is reinforced following a specified interval of time since the previous episode. The interval is determined by calculating interresponse time (IRT). The interval length is gradually increased until the target behavior occurs only after longer periods of time have passed.

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