, 22.06.2019 20:20 saurav76

# 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

### Another question on Business

(4 points) suppose the production function in the solow model is given by yt = akÂ¯ 3/4 t l 1/4 t . (a) what are the five equations and five unknowns that summarize the solow model? (b) show the transition dynamics in the solow model if Â¯sy0 < Â¯dk0. make sure you label the axes, curves, initial level of capital and steady-state level of capital. (c) solve for capital, output, capital per person, and output per person in the steady state. (d) if aÂ¯ = 2, lÂ¯ = 4, Â¯s = 0.2, and Â¯d = 0.05, calculate the steady-state level of capital and output per person.