The Following Account Balances Are Taken from Everest Events at December

question 59

Essay

The following account balances are taken from Everest Events at December 31.
$$\begin{array} { | l | r | r | } \hline & \mathbf { 2 0 1 6 } & \mathbf { 2 0 1 5 } \\\hline \text { Accounts receivable } & 170,230 & 260,450 \\\hline \text { Net sales } & 1,500,750 & 1,450,600 \\\hline\end{array}$$
Calculate the number of days' sales uncollected for both years.According to this analysis,is the company's collection of receivables improving? Explain.

Comprehend the implications of behavioral observations, including observer effect and unobtrusive measures.

Grasp the importance and challenges of operational definitions in ensuring research validity and replicability.

Understand the use and limitations of physiological measures in interpreting specific behaviors or psychological states.

Identify and explain different research methods in psychology (e.g., case studies, naturalistic observation, surveys).

---

Definitions:

Express Warranty

A promise clearly stated by a seller about the condition, functionality, or reliability of a product.

Merchantability

A guarantee that a product will meet reasonable consumer expectations of quality and suitability for use as sold.

Express Warranty

A formal declaration by a seller or manufacturer promising the quality and reliability of a product, explicitly stated in a contract or agreement.

Advertisement

A public notice promoting a product, service, or event, intended to attract interest, engagement, or sales.