Calculate the Sale-To-Cash Conversion Period Based on the Following Information:average

question 16

Multiple Choice

Calculate the sale-to-cash conversion period based on the following information:average inventories = $120,000; average receivables = $90,000; average payables = $40,000; cost of goods sold = $182,500; and net sales = $365,000.

• A)240.0 days
• B)180.0 days
• C)90.0 days
• D)60.0 days
• E)45.0 days

Explain the processes through which organizations integrate and adapt to their cultures.

Understand the concept of subcultures and countercultures within an organization.

Define innovation in organizations and describe the steps involved in the innovation process.

Discern how organizational cultures impact innovation and change management.

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Definitions:

Social Norms

Implicit rules that govern behavior within a community or group, guiding what is considered acceptable or typical.

Good Behaviors

Actions or conduct that are considered morally right, socially acceptable, or beneficial in a given context.

Imprinting

A rapid learning process that occurs within a critical or sensitive period and forms a lasting attachment or behavioral pattern.

Attachment

An emotional bond between individuals, especially evident in close personal relationships, including those between parents and their children.