For the Prince Company,the Average Age of Accounts Receivable Is

question 128

Multiple Choice

For the Prince Company,the average age of accounts receivable is 60 days,the average age of accounts payable is 45 days,and the average age of inventory is 72 days.Assume a 360-day year.If Prince's annual sales are $936,000,what is the firm's average accounts receivable balance?

• A) $104,000
• B) $118,000
• C) $156,000
• D) $212,000
• E) $260,000

Understand the different motivational theories, including those by McClelland, Herzberg, Skinner, Vroom, and Maslow.

Identify and differentiate between hygiene factors and motivating factors in Herzberg's two-factor theory.

Recognize the implications of reinforcement theory and the role of consequences in behavior modification.

Distinguish between intrinsic and extrinsic rewards and their impact on motivation.

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Definitions:

Modern Conservatism

A political philosophy that emphasizes the value of traditional institutions and practices, limited government, and free-market economics.

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Regions predominantly found in the northern and central parts of the USA, historically characterized by heavy manufacturing and industry.

Vietnam Syndrome

The apprehension of the United States public and policymakers towards military interventions due to the negative experiences and outcomes of the Vietnam War.

Grenada

A country in the Caribbean known for its significant nutmeg production and the US-led invasion in 1983 to oust a Marxist government.