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(CPA) The Dilly Company marks up all merchandise at 25% of gross purchase price. All purchases are made on account with terms of 1/10, (1% discount if paid in 10 days) net/60 (full amount due within 60 days) . Purchase discounts, which are recorded as miscellaneous income, are always taken. Normally, 60% of each month's purchases are paid for in the first month after purchase, whereas the other 40% are paid during the first 10 days of the first month after purchase. Inventories of merchandise at the end of each month are kept at 30% of the next month's forecasted cost of good sold.
Terms for sales on account are 2/10 (2% discount if paid within 10 days) , net/30 (full amount due in 30 days) . Cash sales are not subject to discount. Fifty percent of each month's sales on account are collected during the month of sale, 45% are collected in the succeeding month, and the remainder is usually uncollectible. Seventy percent of the collections in the month of sale are subject to discount, and 10% of the collections in the succeeding month are subject to discount (2%) .
Forecasted sales data and cost of sales for selected months are as follows:
-Forecasted ending inventory for the month of December is
Training Program Evaluation
The systematic assessment of the design, implementation, and outcomes of training programs to determine their effectiveness and efficiency.
Learning
The acquisition of knowledge or skills through experience, study, or being taught.
Behaviour
The actions or reactions of an organism or system, usually in response to external stimuli.
Results
The outcomes or consequences of actions taken, often used to measure the success or failure of projects, initiatives, or performance.
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