Bercraft Industries Has an Average Accounts Payable Balance of $280,000

question 47

Multiple Choice

Bercraft Industries has an average accounts payable balance of $280,000. Its average annual cost of goods sold is $4,780,000. It receives terms of 1/20 net 40 from its suppliers. Is Bercraft managing its accounts payables well?

• A) Yes, since it, on average, chooses not to take the discount, but pays when payment is due.
• B) Yes, since it, on average, takes the discount, and pays at the end of the discount period.
• C) Yes, since it, on average, stretches payment beyond the due payment date.
• D) No, since it, on average, does not take advantage of the discount period and pays well before payment is due.

Recognize and articulate the complexities and nuances in defining feminism.

Identify and understand the differences between prejudice, discrimination, and oppression with examples.

Acknowledge common misconceptions and stereotypes about feminism and their impacts.

Understand the importance of recognizing social, cultural, and economic diversity in social work.

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Definitions:

U.S. Senate

One of the two chambers of the United States Congress, consisting of two Senators from each state, serving as a legislative body.

Male Representation

The presence and depiction of men in media, institutions, or various societal roles.

Traditional Authority

Authority stemming from long-established patterns that give certain people or groups legitimate power in society.

Older People

Individuals in society who are considered to be in the later stages of their life, often classified as elderly or senior citizens, typically aged 65 and older.