Data from Estrin Corporation's Most Recent Balance Sheet and Income

question 28

Multiple Choice

Data from Estrin Corporation's most recent balance sheet and income statement appear below: $\begin{array}{ll}&\text { This Year } & \text { Last Year } \\\text {Accounts receivable. }&\$ 109,000 & \$ 106,000 \\\text {Inventory. }&\$ 139,000 & \$ 158,000 \\\text {Sales on account. }&\$ 787,000 & \\\text {Cost of goods sold }&\$ 501,000 &\end{array}$ The average sale period for this year is closest to:

• A)101 days
• B)50 days
• C)108 days
• D)45 days

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Definitions:

Attitudes Toward Unions

Refers to the perceptions and opinions that workers, employers, and the general public hold regarding labor unions and their role in representing employee interests.

Organize Nonunion Workers

The process of rallying workers who are not currently represented by a union in order to advocate for their collective rights and interests.

Authorization Cards

Documents signed by employees to indicate their desire for a union to represent them, often used in the process of forming a union.

Recognize Union

The formal acceptance by an employer of a labor union as the representative body for its workforce, typically after a majority vote by the employees.