Data from Dunshee Corporation's Most Recent Balance Sheet Appear Below

question 112

Multiple Choice

Data from Dunshee Corporation's most recent balance sheet appear below: Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730.The average collection period for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)

• A) 1.1 days
• B) 0.9 days
• C) 84.3 days
• D) 87.3 days

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Definitions:

Cost Per Order

A measure used to calculate the total cost associated with processing a single order, covering expenses from processing to shipping.

SCOR Process

A model used to evaluate and improve supply chain performance, covering key aspects such as planning, sourcing, manufacturing, delivery, and returns.

Stockout

A situation where items are unavailable in inventory, leading to potential lost sales or customer dissatisfaction.

Extra Shipping Costs

Additional charges incurred during the shipping process, which may include fees for expedited delivery, handling of hazardous materials, or oversized packages.