-You Are Able to Obtain the Items in the Table

question 36

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 average collection period for the firm for 2010.

• A) 37 days
• B) 93 days
• C) 105 days
• D) 121 days

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Definitions:

Personality Characteristics

Traits or qualities that form an individual's distinctive character and behavior patterns.

Intrapersonal Processes

The internal operations within an individual, including cognitive and affective processes, that influence their behavior and experiences.

Consistent Behavior Patterns

The regular, predictable actions and responses that define an individual's behavior over time.

Personality Psychologists

Psychologists who study individual differences in characteristic patterns of thinking, feeling, and behaving.