Data on Nathan Enterprises for the Most Recent Year Are

question 61

Multiple Choice

Data on Nathan Enterprises for the most recent year are shown below,along with the days sales outstanding of the firms against which it benchmarks.The firm's new CFO believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average.If this were done,by how much would receivables decline? Use a 365-day year.
Sales
$110,000
Accounts receivable
$16,000
Days sales outstanding (DSO)
53) 09
Benchmark days sales outstanding (DSO)
20) 00

• A) $8,078
• B) $8,975
• C) $9,973
• D) $10,970
• E) $12,067

Comprehend the concept of cognition and its significance in acquiring and using knowledge.

Understand the process of babbling in language development and its characteristics across different cultures.

Recognize the importance of syntax in structuring sentences and phrases in language.

Understand semantics and its role in language for conveying meaning.

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Definitions:

Knowledge Workers

Individuals whose main capital is knowledge, typically referring to workers whose job involves handling or using information, such as programmers, physicians, and academics.

Autonomy

Autonomy is the capacity to make an informed, uncoerced decision independently, often related to personal freedom and self-governance.

Google

An American multinational technology company that specializes in Internet-related services and products, including online advertising technologies, search engine, cloud computing, software, and hardware.

Union

An association of workers who bargain collectively for wages and benefits and better working conditions.