Use the table below to answer the following questions.
Table 3.1.1
-Refer to Table 3.1.1.Between 2010 and 2011,the price of coffee relative to the price of tea ________ while the price of coffee relative to the price of cola ________.
Definitions:
Discount Period
The time frame within which a payment can be made by a buyer to a seller at a reduced price, typically to encourage early payment.
Perpetual Inventory System
An accounting method that records inventory purchases and sales in real-time, maintaining continuous, up-to-date inventory levels.
Liability
A financial obligation or debt owed by a company to another entity, to be paid in the future.
Discount Period
The time frame within which a buyer can pay less than the full amount due on an invoice if payment is made promptly, often to encourage early payment.
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