Homework Answers
| Inventory on Day 1 | 2,070 | Units |
| Daily Demand | 23 | Units |
| Total Demand for 20 Days | 460 | =20*23 |
| Inventory level at the end of Day 20 | 1,610 | =2070-460 |
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paid for within the 10-day discount period. The company uses the
gross method to record purchase discounts. The merchandise was...
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