Waldron Inc

question 114

Multiple Choice

Waldron Inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sales of 5%. The only new investment will be in accounts receivable. Waldron has a turnover ratio of 6 to 1 between sales and accounts receivable. What is Waldron Inc.'s expected return on investment?

• A) 30%
• B) 25%
• C) 5%
• D) 0.8%

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Definitions:

Competency Matrix

A tool used to identify and document the skills, knowledge, and abilities required for various job roles within an organization, facilitating effective human resource planning and development.

Technical Expertise

Specialized knowledge or proficiency in a specific field or technology.

Skill Level

A measure of the competence or proficiency of an individual in performing specific tasks, often categorized into beginner, intermediate, and advanced.

National Occupational Classification

A system used in Canada to categorize and describe occupations in order to facilitate job searches, career information, and labor market analysis.