3. In January, Sony purchased a million memory chips, enough for approximately four months of production of Sony’s personal computers, at $4 per chip. By April, the market price of chips had fallen to $3, and Sony decided to take advantage of the new lower price and purchased an additional million chips. In deciding which chips to use in its production during the month of April, Sony should

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