If It Takes 30 Days to Sell Inventory,60 Days to Collect

question 26

True/False

If it takes 30 days to sell inventory,60 days to collect for the sale,and creditors' terms are 10 days,the financing period is 80 days.

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Definitions:

Suffix

A letter or group of letters added at the end of a word to modify its meaning or change it into a different word class.

Supply

The total amount of a product or service that is available for purchase or use.

Limp

Limp describes a type of walking that is uneven or unsteady, usually because of pain or injury to the leg or foot.

Suffix

a letter or group of letters added at the end of a word to form a new word or alter its function.