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  3. betty company shows the following data on its 2013

Betty Company shows the following data on its 2013 financial statements: Accounts receivable, January 1...

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Accounting

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Betty Company shows the following data on its 2013 financial statements: Accounts receivable, January 1 $720,000 Accounts receivable, December 31 $960,000 Merchandise inventory, January 1 $900,000 Merchandise inventory, December 31 $1,020,000 Net sales 4,620,000 Cost of goods sold 3,360,000 Net income 384,000 The days' sales in inventory ratio is In selecting a price for a product using differential analysis, which of the following decisions should be made? The price that will result in the greatest total contribution margin, assuming fixed costs are the same for each price-quantity combination, should be selected. O Total future revenues should exceed total future variable and fixed costs. O All of these are true. The highest price should always be selected

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