-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

Recognize the economic rationale behind individual and collective decision-making at the margin.

Identify the principles of opportunity cost and how they influence trade-offs.

Illustrate the benefits of specialization and trade for individuals, states, and countries.

Comprehend the concept of equilibrium in different economic contexts.

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Definitions:

Saunas

Heated rooms or buildings used for relaxation or therapeutic purposes, typically involving steam or dry heat.

Open Adoption

An adoption process where the adoptive and biological parents have some form of interaction, including exchange of personal information or contact.

Biological Parents

The individuals who are genetically related to a child, contributing to the child's conception and birth.

Internationally Adopt

The process of adopting a child from another country through legal means, which involves navigating both the adoptive parents' national laws and those of the child's country.