A Company Has Net Credit Sales of $1,200,000,beginning Net Accounts

question 16

Multiple Choice

A company has net credit sales of $1,200,000,beginning net accounts receivable of $260,000 and ending net accounts receivable of $203,000.What is the days' sales in receivables? Use a 365-day year.(Round to the nearest day. )

• A)62 days
• B)79 days
• C)70 days
• D)141 days

Understand the concept of human capital management and segmentation.

Understand the use of Markov models in forecasting employee movements within an organization.

Recognize the function of vacancy and skills inventory models in human resources planning.

Comprehend the significance of internal versus external supply of human capital.

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Definitions:

Market Opportunities

Potential areas for business growth and expansion, identified through the analysis of market trends, customer needs, and competitive landscapes.

White Water Kayaking

A challenging and adventurous outdoor sport that involves navigating rivers with varying degrees of rough water in a kayak.

Business Changes

Transformations or modifications within a business environment, procedures, or strategies aiming for improvement or adaptation to new conditions.

Management Function

The activities that are performed by managers to plan, organize, direct, and control resources to achieve specific organizational goals.