Storm corporation purchased a new machine on october 31, 2020. a $4,800 down payment was made and three monthly installments of $14,400 each are to be made beginning on november 30, 2020. the cash price would have been $46,400. storm paid no installation charges under the monthly payment plan but an $800 installation charge would have been incurred with a cash purchase. the amount to be capitalized as the cost of the machine on october 31, 2020 would be

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

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Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments. a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b