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Dallas and More (D&M)sells Its Inventory in 87 Days on Average.Its

question 24

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Dallas and More (D&M) sells its inventory in 87 days on average.Its average customer charges their purchase on a credit card whereby payment is received in ten days.On the other hand,D&M takes 56 days on average to pay for its purchases.Given this information,what is the length of D&M's operating cycle?

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Definitions:

Civil Rights Legislation

Legislation that outlaws discrimination based on race, color, religion, sex, or national origin, aiming to protect the rights of all citizens to political and social freedom and equality.

Unconstitutional

describes actions, laws, or policies that violate the constitution or are not permissible under the constitution's framework.

Separate-but-equal Doctrine

A legal principle that justified racial segregation, claiming that separate facilities for blacks and whites were constitutional if they were equal in quality; declared unconstitutional by Brown v. Board of Education (1954).

Equal Protection Clause

A provision in the Fourteenth Amendment to the U.S. Constitution prohibiting states from denying any person within its jurisdiction the equal protection of the laws.

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