Eb12.
lo 2.3able transport operates a tour bus that they lease with terms that involve a fixed fee each month plus a charge for each mile driven. able transport drove the bus 7,000 miles and paid a total of $1,360 in june. in october, able transport paid $1,280 for the 5,000 miles driven. if able transport uses the high-low method to analyze costs, how much would able transport pay in december, if they drove 6,000 miles?

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