You are given the following data for the country of Poplar:
a)What is the value of personal income?
b)What is the value of disposable income?
Definitions:
Collection Policy
A collection policy outlines the procedures a company uses to collect accounts receivable, including timelines, communication strategies, and actions for overdue payments.
Accounts Receivables
The amount of money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Payables Policy
A company's set of guidelines or practices for managing its accounts payable, including terms of payment and prioritizing of payments.
Sales Policy
The strategic approach and guidelines a company follows for selling its products or services.
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