Calculate the cost of the trade credit

Assignment Help Finance Basics
Reference no: EM131402295

Assume the credit terms offered to your firm by your suppliers are 3.4/4,Net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays on day 30.

The effective annual cost of the trade credit is nothing %.(Round to two decimalplaces.)

Reference no: EM131402295

Questions Cloud

What happened to total revenue from 2006 to 2007 : According to Exhibitor Relations Co., in 2006 average movie ticket prices were $6.55 and attendance was 1.4 billion; in 2007 ticket prices were $6.88 and attendance was 1.41 billion.
Determining the trade credit agreement : Alternative A: Forgo the discount on its trade credit agreement, wait and pay the full $11,500 in one month.
Effective annual cost of trade credit : Your supplier offers terms of 1.6/8,Net 45. What is the effective annual cost of trade credit if you choose to forgo the discount and pay on day 45?
Was it right to trade suffering experienced by participants : In the Visual Ability test, a split-brain patient was shown an image in the left visual field but could not name the object. Explain why and identify the specialized functions that were discovered with regard to hemispheric lateralization. Conside..
Calculate the cost of the trade credit : Assume the credit terms offered to your firm by your suppliers are 3.4/4,Net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays on day 30.
Find least squares regression line for last four data points : Find the least squares regression line for the last four data points and comment on the goodness of fit. Interpret the slope of the line of best fit.
Why the discount rate is important in cost-benefit analysis : Why is the discount rate is important in cost-benefit analysis of long-term environmental issues (compared to the benefits from building a factory)
Standard deviation of the resulting portfolio : The stock and bond portfolio have a correlation 0.33. What is the standard deviation of the resulting portfolio? Enter your answer rounded to two decimal places.
Determining the contribution constant : You open an account that earns 19% interest and start saving $1000 at the end of this year. You have the option increase your saving by 2% each year, or keep your contribution constant each year. If you do not increase your savings by 2%, how much..

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Supply chain management is the integration of activities

supply chain management is the integration of activities that procure materials and services transform them into

  A local retailer of pet food faces demand for one of its

1. pet food inc. a local retailer of pet food faces demand for one of its items at a constant rate of 30000 bags per

  Describe the accounting treatment for speculative

describe the accounting treatment for speculative

  Yu purchase a bond for 875 it pays 80 a year that is the

you purchase a bond for 875. it pays 80 a year that is the semiannual coupon is 4 and the bond matures after 10 years.

  Examine how an organization assesses the effectiveness

Examine how an organization assesses the effectiveness of its current strategic plan. Be sure to include both qualitative and quantitative measures.

  Discuss differences between a static and flexible budget

The three (3) components involved in creation of a budget are expenses, revenues, and the statistics (volume).

  Use the standard deduction or itemize

Make sure that you show your work on each circumstance and the overall benefit of the method you determined to be best.

  What is the smallest expected loss for your portfolio

Annual return standard deviations for these three stocks are 30 percent, 40 percent, and 50 percent. The return correlations among all three stocks are zero. What is the smallest expected loss for your portfolio in the coming year with a probability ..

  Which should be reflect in the yield on treasury securities

which should be reflected in the yield on Treasury securities that are not indexed to the rate of inflation.

  What percentage of the total assets controlled

What percentage of the total assets controlled by Scully Corporation does its common stock equity represent? If another company owns 15% of the common stock of Scully Corporation and, by virtue of this fact, has voting control, what percentage of the..

  Define the purpose rationale and method for the

1. you have been selected to calculate the risk factors for a new project. in order to determine which risk factors

  If a portfolio of the two assets has a beta of 226 what are

using capm a stock has a beta of 1.13 and an expected return of 12.1 percent. a risk-free asset currently earns 5

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd