If It Takes 45 Days to Sell Inventory, 30 Days

question 14

True/False

If it takes 45 days to sell inventory, 30 days to collect for the sale, and creditors' payment terms are 60 days, the financing period is 15 days.

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Definitions:

Employee Morale

The overall outlook, satisfaction, and confidence that employees feel towards their work and workplace environment.

Absenteeism

The habitual or frequent absence from work or duties without good reason, which can impact organizational productivity and morale.

Indirect Compensation

Benefits given to employees that are not paid directly as cash but contribute to their overall remuneration, such as insurance or retirement plans.

Bonuses

Additional financial compensation awarded to employees as a reward for their exceptional performance or achievement.