Based on the following data and using a 365-day year,compute (a)the accounts receivable turnover and (b)the number of days' sales in receivables for year 2 to 2 decimal places.The industry average turnover is 20 times during the year,and the number of days' sales in receivables averages 25.(c)Comment on this situation.
Definitions:
Feminization of Poverty
The phenomenon where women are more likely than men to live in poverty, often due to wage gaps, single motherhood, and a lack of access to well-paid jobs.
Gendered Health Issues
Health problems specifically related to or more prevalent in one gender due to biological, social, and cultural factors.
Life Expectancy
The average number of years an individual or a population is expected to live based on statistical analysis, reflecting overall health conditions and quality of life in a given area.
Intersectionality
A concept that identifies how different categories of inequality (race, class, gender, etc.) intersect to shape the lives of individuals and groups.
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