With the Proper Changes It Is Believed That Ideko's Credit

question 42

Multiple Choice

With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2007 is closest to:

• A)$14,525
• B)$16,970
• C)$22,710
• D)$19,690

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Definitions:

Stakeholder Task Force

A group consisting of individuals who have a vested interest in the outcome of a project or initiative, converging to guide decisions and actions.

Top Management

The highest level of managers within an organization, responsible for setting strategic goals and making crucial decisions.

Dictate

To give orders or instructions with authority, often without considering others' opinions or desires.

Facilitate

To make an action or process easier by providing assistance or guidance.