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An entrepreneur who is considering purchasing a business is analyzing a company's accounts receivable. The following table summarizes her findings. Age of Accounts Amount Probability of Collection
0 - 30 days $12,000 .96
31 - 60 days $ 4,000 .87
61 - 90 days $ 2,500 .71
91 - 120 days $ 1,400 .65
121⁺ days $ 800 .24
How much should this potential buyer be willing to pay for these accounts receivable?
HRM Activities
Tasks and functions associated with Human Resource Management, focusing on managing people within organizations in areas such as recruitment, training, and compliance with labor laws.
Market Value
The estimated worth of a product, service, or company within the marketplace, determined by factors like supply, demand, and competition.
HR Practices
Strategies, methods, and processes implemented by the Human Resources department to manage and develop the workforce efficiently.
Economically Disadvantaged Youths
Young individuals experiencing poor economic conditions that hinder their ability to access basic necessities, education, and employment opportunities.
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