Smay Corporation Has Provided the Following Data The Accounts Receivable Turnover for This Year Is Closest To

question 274

Multiple Choice

Smay Corporation has provided the following data:
$\begin{array}{lll}&\text { This Year}&\text { Last Year }\\\text { Accounts receivable ....... } & \$ 107,000 & \$ 108,000 \\\text { Inventory ..................... } & \$ 179,000 & \$ 187,000 \\\text { Sales on account .......... } & \$ 654,000 & \\\text { Cost of goods sold.......... } & \$ 461,000 &\end{array}$ The accounts receivable turnover for this year is closest to:

• A) 1.01
• B) 0.99
• C) 6.08
• D) 6.11

Identify different types and classifications of self-help organizations and their examples.

Understand the concept and effectiveness of altruism in self-help groups.

Recognize the role of computer-mediated self-help services and their characteristics.

Explain the therapeutic factors and principles involved in self-help groups.

---

Definitions:

Unconditional Acceptance

An agreement to the terms of an offer without imposing any additional conditions or limitations.

Postbox Rule

A principle in contract law stating that an offer is considered accepted at the moment the acceptance is sent, not when it is received by the offeror.

Simon Fraser University

A public research university located in British Columbia, Canada, known for its comprehensive academic and research programs.

Method of Acceptance

The ways in which an offeree can accept an offer in contract law, such as by performance, promise, or as otherwise stipulated in the offer.