Refer to the Following Selected Financial Information from McCormik, LLC

question 5

Multiple Choice

Refer to the following selected financial information from McCormik, LLC. Compute the company's days' sales in inventory for Year 2. (Use 365 days a year.) $\begin{array}{|l|r|r|}\hline & \text { Year 2 } & {\text { Year 1 }} \\\hline \text { Cash } & \$ 37,500 & 36,850 \\\hline \text { Short-term investments } & 90,000 & 90,000 \\\hline \text { Accounts receivable, net } & 85,500 & 86,250 \\\hline \text { Merchandise inventory } & 121,000 & 117,000 \\\hline \text { Prepaid expenses } & 12,100 & 13,500 \\\hline \text { Plant assets } & 388,000 & 392,000 \\\hline \text { Accounts payable } & 113,400 & 111.750 \\\hline \text { Net sales } & 711,000 & 706,000 \\\hline \text { Cost of goods sold } & 390,000 & 385,500 \\\hline\end{array}$

• A)113.2.
• B)80.0.
• C)42.3.
• D)43.9.
• E)46.2.

Differentiate between different parts of the respiratory system and their specific functions.

Familiarize with the concept of air passage and its regulation in the respiratory system.

Understand blood typing and the universal recipient concept.

Recognize the components and functions of the adaptive immune response.

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Definitions:

Customization

The process of modifying or building a product, service, or system to accommodate specific requirements of an individual customer or a particular market segment.

Postponement

A strategy used in supply chain management to delay product customization until customer orders are received.

Replenishment Cycle

The process of restocking products or materials in a supply chain, from ordering to receipt and back to order again.

Lead Time

Lead time is the duration between the initiation and completion of a process, often used in reference to the time taken from ordering to receiving goods.