-You Are Able to Obtain the Items in the Table

question 14

Multiple Choice

$\begin{array}{|l|l|l|}\hline \text { Item/year } & \mathbf{2 0 0 9} & \mathbf{2 0 1 0} \\\hline \text { Profit and lossitems } & \text { (in millions) } & \text { (in millions) } \\\hline \text { Net annual sales } & 2.325 & 3.351 \\\hline \text { Operating revenue } & 2.506 & 3.808 \\\hline \text { Operating profit before interest and tax } & 0.655 & 1.352 \\\hline \text { Interest expense } & 0.620 & 0.615 \\\hline \text { Total revenue } & 3.521 & 3.015 \\\hline \text { Cost of goods sold } & 1.300 & 1.205\\\hline \\\hline \text { Balance sheet items } & & \\\hline \text { Receivables } & 0.805 & 0.900 \\\hline \text { Inventory } & 0.515 & 0.611 \\\hline \text { Total Non-current assets } & 5.400 & 5.355\\\hline \end{array}$
-You are able to obtain the items in the table from a company's balance sheet and profit and loss for 2009 and 2010.Given this information,calculate the receivables turnover for the firm for 2010.

• A) \( 2.338 \)
• B) \( 3.931 \)
• C) \( 3.997 \)
• D) \( 4.066 \)

Comprehend how psychological theories have evolved over time and how they apply to human behavior and mental processes.

Understand the importance of sample selection and representation in research studies.

Recognize the role of biological factors in behavior and mental processes.

Grasp the critical features and drawbacks of specific research methods and approaches in psychology.

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Definitions:

WACC

Weighted Average Cost of Capital; a calculation of a firm's cost of capital in which each category of capital is proportionally weighted.

Perpetuity

An annuity in which the cash flows continue forever.

Preferred Stock

A class of share capital that provides shareholders with a fixed dividend payment prior to any dividends being paid to common stockholders and typically does not confer voting rights.

Cost Computation

The process of calculating the total cost involved in manufacturing a product or providing a service.