Question: How to solve D 2 9 Rex Inc. sources skiis from manufacturers, marks them up , and sells them to retailers. Here is a sample

How to solve
D29
Rex Inc. sources skiis from manufacturers, marks them up, and sells them to retailers. Here is a sample of their business:
\table[[,,,,],[,Cost percent pair,Number of,vendor invoice,Number of],[Winter,of skis,pairs bought,paid in cash,pairs sold],[Ski Size 11,470,61,61%,34],[Ski Size 12,540,69,74%,36],[Ski Size 13,500,52,88%,25]]
The markup for Ski Size 11 is 39%, and customers pay 21% of their bill in cash.
The markup for Ski Size 12 is 49%, and customers pay 21% of their bill in cash.
The markup for Ski Size 13 is 54%, and customers pay 26% of their bill in cash.
#1 What impact would these transactions have on receivables?
A They would increase between 35,000 and 48,000
B They would increase between 48,000 and 53,000
C They would increase between 53,000 and 60,000
D They would increase between 60,000 and 70,000
#2 What impact would theses transactions have on payables?
A They would increase between 15,000 and 22,000
B They would increase between 22,000 and 23,000
C They would increase between 23,000 and 25,000
D They would increase between 25,000 and 35,000
#3 What impact would these transactions have on cash?
Alt would drop between 40,000 and 49,000
B it would drop between 49,000 and 55,000
C It would drop between 55,000 and 60,000
D it would drop between 60,000 and 70,000
 How to solve D29 Rex Inc. sources skiis from manufacturers, marks

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