As owner of Telo, a startup business, you are struggling to generate enough gross profit to compete with Creft and Wozz. Also, your business frequently runs low on cash. To help determine how to fix these issues, you review the following Tableau Dashboard.

telo

sales:85000

sales discounts:6000

sales returns and allowences:15000

cost of goods sold:60000

creft

sales:78000

sales discount:5000

sales return and allowence:3000

cost of goods sold:56000

wozz

sales:82000

sales discount:4000

sales and return allowences:2000

cost of goods sold:58000

telo assets: ammounts as december 31

supplies:3000

account receivalbe:8000

buldings,net:24000

casg:2000

inventery:5000

land:12000

credit terms(days)

telo: credit period from suppliers: 30 days

credit period given to customers :75days

creft: credit period from suppliers: 35days

credit period given to customers:45 days

wozz: credit period from suppliers:40 days

credit period given to customers:50 says

telos liabilities and equity: amounts at december 31

notes payable:31000(due in 5 years)

accounts payable:5000

A. telo, capital:16000

wages payable:2000

costomer return policies across competitiors

telo return policy:60 days

creft:15 days

wozz:10 days

1. Which company offers customers the fewest days for returns?

2. Which company offers customers the most days to pay for credit sales?

3. Compute gross profit for Telo.