For a Company That Takes an Average of 50 Days

question 104

Essay

For a company that takes an average of 50 days to sell inventory,takes an average of 110 days to collect for its sales,and has payment terms of 45 days on its purchases,what is the financing period? Show calculations.

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Definitions:

Training Evaluation

The process of assessing the effectiveness and impact of training programs, usually involving measures of participant learning, behavior change, and organizational outcomes.

Organizational Strategy

A company's comprehensive plan to achieve long-term goals, align operations, and utilize resources effectively to gain a competitive advantage.

Behaviour Modelling

A training technique that involves demonstrating desired behaviors as a way for learners to observe and then replicate the behavior in real-life scenarios.

Role-play

A training or learning technique in which individuals simulate actions and scenarios to practice responses, improve skills, or understand different perspectives.