The company is divided into two sales territories—northern and southern. the northern territory recorded $400,000 in sales and $220,000 in variable expenses during june; the remaining sales and variable expenses were recorded in the southern territory. fixed expenses of $156,000 and $100,000 are traceable to the northern and southern territories, respectively. the rest of the fixed expenses are common to the two territories.

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