With the Proper Changes It Is Believed That Ideko's Credit

question 65

Essay

With the proper changes it is believed that Ideko's credit policies will allow for an account receivables days of 60.The forecasted accounts receivable for Ideko in 2016 is closest to:
A)$14,525
B)$19,690
C)$22,710
D)$16,970
E)$24,560

• A)$14,525
• B)$19,690
• C)$22,710
• D)$16,970
• E)$24,560

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Definitions:

Line Management

An organizational structure in which a manager oversees a direct line of employees responsible for achieving the organization’s core objectives.

Employment Office

A place or department within an organization that handles hiring, job placements, and sometimes additional human resources functions.

Line Managers

Managers who have direct responsibility over a certain department or division within an organization, including the power to make decisions and oversee its employees’ work.

Legal Trouble

Situations or circumstances in which an individual or entity is involved in legal proceedings or litigation.