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Dallas and More (D & M) Sells Its Inventory in 82

question 95

Multiple Choice

Dallas and More (D & M) sells its inventory in 82 days on average. Its average customer charges his 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?


Definitions:

Concentration

Concentration refers to the amount of a substance per defined space; it is a measure of how much of a solute is dissolved in a specific amount of solvent.

Exothermic

Describes a chemical reaction that releases heat into its surroundings.

ΔS°

The standard entropy change of a system, measuring the change in disorder or randomness during a chemical process under standard conditions.

ΔH°

Denotes the standard enthalpy change of a reaction, measured under standard conditions (1 atm, 298.15 K).

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