Expansion, peak, contraction, and trough. An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.
Answer:
9 average days late
Explanation:
Days Sales Outstanding - Allowed credit period = average days late
Days Sales Outstanding
DSO = 38.81012658 = 39 days
Days Sales Outstanding - Allowed credit period = average days late
39 - 30 = 9 average days late
Answer: $34,470
Explanation:
a. Cost of goods sold for $2,550 units
The inventory sold will include the 945 units which cost $11 to produce.
It will get the rest from the 1,750 units which cost $15 to produce.
The remaining units are:
= 2,550 - 945
= 1,605 units
Total cost of goods sold:
= (945 * 11) + (1,605 * 15)
= 10,395 + 24,075
= $34,470
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Hope this helps!!</span>
