The Following Current Year Information Is Available from a Manufacturing

question 41

Essay

The following current year information is available from a manufacturing company:
$$\begin{array} {| l | l |} \hline \text { Sales } & \$ 740,000 \\\hline \text { Gross profit on sales } & 276,000 \\\hline \text { Operating income } & 64,000 \\\hline \text { Income before taxes } & 44,000 \\\hline \text { Net income } & 33,600 \\\hline \text { Accounts Receivable, begining-year } & 58,000 \\\hline \text { Accounts Receivable, end-of-year } & 72,000\end{array}$$ Calculate the company's accounts receivable turnover and its days' sales uncollected.

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Definitions:

Behavioral Manifestations

Refers to observable behaviors or actions that result from an individual's response to environmental or internal stimuli.

Predict

The act of forecasting or projecting possible future events based on current knowledge or data.

I Data

Informant data, which includes observations and assessments of an individual's behavior by others, often used in personality research for a more external viewpoint.

Self-Monitoring

The practice of observing and managing one's behavior in social situations to conform to the perceived expectations of others.