Nico Corporation has annual purchases of $300,000 and accounts payable of $30,000, then average purchases per day are ________ and the average payment period is ________

The difference between the price for which travel agencies can obtain the service and the price they can charge when selling the service is called________.

Fill in the blank(s) with the appropriate word(s).

Unless renewal fees are paid before the renewal date, a licensee's individual license will expire on:

A. January 1 of the next year. B. The licensee's birthday. C. The issue date of the license. D. On the last day of the month of the licensee's birthday.