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Fiona,a manager at Norman Corp. ,is responsible for workforce analytics in the organization.Her supervisor,Martin,argues it is an unnecessary expense as he believes that collecting employee-related information is just an administrative responsibility.Which of the following statements,if true,would weaken Martin's argument?
Net Receivables
The amount of money expected to be received from all outstanding accounts receivable after deducting allowances for doubtful accounts.
Current Ratio
A liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year, calculated as current assets divided by current liabilities.
Short-Term Investments
Investments that are made with the expectation of converting them into cash within a short period, usually one year or less.
Net Receivables
the total amount of money owed to a company by its customers minus any amounts that are expected to be uncollectible.
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