Guttery Corporation Has Provided the Following Financial Data from Its

question 79

Multiple Choice

Guttery Corporation has provided the following financial data from its balance sheet:

Sales on account in Year 2 totaled $1,450,000 and cost of goods sold totaled $900,000.
-The company's average collection period (age of receivables) for Year 2 is closest to:

• A)1.1 days
• B)28.2 days
• C)1.0 days
• D)27.9 days

---

Definitions:

Reasonable Accommodation

Reasonable accommodation is adjustments or modifications provided in a work environment to enable individuals with disabilities to perform their job duties effectively.

Targeted Recruitment

A hiring strategy focusing on identifying and attracting candidates from specific groups, backgrounds, or skill sets that meet the precise needs of the organization.

Employment Inequities

Unfair differences in work opportunities, pay, and conditions, often based on gender, race, age, or other discriminatory factors.

Designated Groups

Refers to specific groups of people recognized for affirmative action or equity programs, typically including women, indigenous peoples, persons with disabilities, and members of visible minorities.