Use the Following Information for the Question(s)below

question 14

Multiple Choice

Use the following information for the question(s) below.
Wyatt Oil has the following accounts on its books: Wyatt extends credit on terms of 1/15,net 30.
-The percentage of Wyatt's receivables that are still eligible to take the discount is closest to:

• A)20.1%.
• B)32.1%.
• C)38.3%.
• D)42.2%.

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Definitions:

Full Capacity

The maximum level of output that a company can sustain to generate products or services under normal operating conditions.

Special Price

A temporary discounted offer or a negotiated price lower than the usual list price, often used to stimulate demand or reward customers.

Variable Costs

Costs that vary directly with the level of production or the volume of services provided.

Special Order

A one-time order that is not normally part of the company's standard operations.