A retailer orders an item from a wholesaler on December 07, 2021. The item along with...
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A retailer orders an item from a wholesaler on December 07, 2021. The item along with the invoice arrives at the retailer's facility on December 11, 2021. The retailer pays the wholesaler on December 21, 2021. The retailer sells the item to a customer who pays cash on January o1, 2022. Calculate the followings: 1. Answer: Retailer Wholesaler OCT ост отс OTC CTC CTC 2. Is Retailer CTC a positive or negative number? And why? Answer: Positive Negative Why Retailer 3. Is the Wholesaler CTC a positive or negative number? And why? Answer: Positive Negative Why Wholesaler A retailer orders an item from a wholesaler on December 07, 2021. The item along with the invoice arrives at the retailer's facility on December 11, 2021. The retailer pays the wholesaler on December 21, 2021. The retailer sells the item to a customer who pays cash on January o1, 2022. Calculate the followings: 1. Answer: Retailer Wholesaler OCT ост отс OTC CTC CTC 2. Is Retailer CTC a positive or negative number? And why? Answer: Positive Negative Why Retailer 3. Is the Wholesaler CTC a positive or negative number? And why? Answer: Positive Negative Why Wholesaler
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