Granger Corporation had $180,000 in sales on account last year. The beginning accounts receivable balance was $10,000 and the ending accounts receivable balance was $18,000. The corporation's average collection period was closest to:
A. 28.4 days
B. 56.8 days
C. 36.5 days
D. 20.3 days
Answer: A
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Top Gear is an award-winning British television series about motor vehicles, mainly cars. It is presented by a set of hosts who test drive new cars and provide reviews on the cars' performance, their prices, and other factors
Which of the following personal communications channels is Top Gear closest to in description? A) expert channel B) formal channel C) social channel D) sponsored channel E) advocate channel
Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution margin ratio and the unit contribution margin are:
A) 47% and $11 per unit B) 53% and $7 per unit C) 47% and $8 per unit D) 52% and $11 per unit
Which of the following is FALSE concerning stereotyping?
a. Stereotyping interferes with the observer being able to understand the other person. b. Stereotyping is reinforced when the observer sees a behavior that conforms to the stereotype. c. Stereotyping aids in communication by categorizing cultures into distinct groups that have similarities. d. Stereotyping can occur concerning any group of people.
Miscommunication occurs when components of the intended message, actual message, or interpreted message are different for either the sender or the receiver
Indicate whether the statement is true or false