The Following Data Pertain to Golden State Corporation Calculate the Amount of Net Sales Reported for 2010

question 43

Essay

The following data pertain to Golden State Corporation:
$\begin{array}{lr}\text { Days' sales uncollected for } 2010 & 25 \\\text { Accounts receivable, } 12 / 31 / 2009 & \$ 78,000 \\\text { Accounts receivable, } 12 / 31 / 2010 & \$ 82,000\end{array}$

Calculate the amount of net sales reported for 2010.Use 365 days per year.

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Definitions:

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a generalized view of other cultures.

Low-Context Cultures

Cultures that depend on explicit messages conveyed through the spoken or written word.

High-Context Cultures

Cultures in which meaning is conveyed through body language, nonverbal cues, and the circumstances in which the communication is taking place.

Edward T. Hall

An anthropologist known for his work in the areas of body language, proxemics, and cultural communication theories.