Use the Following to Answer Questions

question 1

Multiple Choice

Use the following to answer questions
Excerpts from Dowling Company's December 31,2016 and 2015,financial statements and key ratios are presented below (all numbers are in millions) :

-Dowling's 2016 average collection period is (rounded) :

• A)50 days.
• B)63 days.
• C)57 days.
• D)51 days.

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Definitions:

Job Rotation

A workforce management strategy where employees shift between different roles or tasks to gain skills and reduce monotony.

Task Variety

The degree to which a job involves a range of different activities requiring various skills and talents.

Job Simplification

The process of breaking down tasks into their simplest forms to increase efficiency and reduce complexity.

Employee Turnover

The rate at which employees leave a company and are replaced by new employees, which can indicate company health and employee satisfaction.