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retailer orders an item from a wholesaler on December 07, 2021. The item along with the invoice arrives at the retailers facility on December 11,

retailer orders an item from a wholesaler on December 07, 2021. The item along with the invoice arrives at the retailers 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 01, 2022. Calculate the followings:

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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 01, 2022. Calculate the followings: 1. Answer: Retailer Wholesaler OCT OCT OTC 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 Please write your answers in tables below Due Date: Monday September 27, 2021 in class time Submit your assignment in hard copy Any late submission will be marked with max. 5 This Assignment measures Student Outcome no. 1

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