The Following Information Is Available for a Company for the Current

question 100

Essay

The following information is available for a company for the current year:
$\begin{array} { l r } \text { Net Sales Revenue } & \$ 345,000 \\\text { Cost of Goods Sold } & 205,000 \\\text { Average Accounts Receivable } & 32,500 \\\text { Average Inventory } & 9,450 \\\text { Average Net Fixed Assets } & 81,250 \\\text { Average Total Assets } & 130,000\end{array}$
Required:
Part a.Calculate the receivables turnover ratio for the current year.
Part b.Calculate the days to collect for the current year.
Part c.Calculate the inventory turnover ratio for the current year.
Part d.Calculate the days to sell for the current year.
Round all ratios to two decimal points.

Understand the concept of transactional leadership and its focus on exchanges between leader and followers.

Recognize the significance of moral and ethical considerations in transformational leadership.

Examine how leadership theories are applied in various disciplines and contexts.

Understand the role of motivation and personal characteristics in leadership effectiveness.