Use the Table for the Question(s)below

question 28

Essay

Use the table for the question(s)below.
Luther Industries had sales of $980 million and a cost of goods sold of $560 million in 2019.A simplified balance sheet for the firm appears below:
Luther Industries
Balance Sheet
As of December 31,2019
(millions of dollars)
-Calculate the number of days in Luther's Operating Cycle.

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Definitions:

Technophobia

The fear or dislike of advanced technology or complex devices, especially computers.

Inertia

Inertia is the resistance to change in state of motion or rest, applying to physical objects as well as to organizations and individuals' reluctance to change their behaviors or beliefs.

Breakup Of A Work Group

The dissolution or disbanding of a team or group within an organization, often due to operational changes, conflicts, or reorganization.

Technophobia

The fear or aversion to new technology, often stemming from a lack of understanding or fear of change.