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26) 27) 28) 29) thanks!!! will give thunbs up 26. A company's DSO (Days Sales Outstanding) would expect to improve as a result of A.
26) 27) 28) 29) thanks!!! will give thunbs up
26. A company's DSO (Days Sales Outstanding) would expect to improve as a result of A. The terms of sale changed from net 30 to net 45 days from invoice date B. A drop is sales price C. An increase in cash sales in proportion to credit sales D. A change in the credit policy to shorten the period for cash discounts 27. Stag Corporation, a retailer, has an opportunity to purchase 28,000 units of Product X during the month of August. If the company has 6,000 units on hand at the start of the month, and only wants 9,000 units on hand at the end of the month, how many units of Product X must be sold during the month? A. 37,000 B. 25,000 C. 31,000 D. 28,000 28. Latern Corporation pays for 40% of its raw materials purchases in the month of purchase and 60% in the following month. If the budgeted cost of raw materials purchases in July is $256,550 and in August is $278,050, then in August the total budgeted cash disbursements for raw materials purchases is closest to: A. $265,150 B. $153,930 C. $166,830 D. $111,220 29. The usual starting point for a master budget is: A. The direct materials purchase budget B. The budgeted income statement C. The sales forecast or sales budget D. The production budget Step by Step Solution
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