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Johnny's Pizza owes $40,000 to one of its suppliers. The supplier has offered a trade discount of 2/10 net 30. Johnny's can borrow the funds from one of two lenders. Lender 1 will fund for 20 days at a cost of 400$; Lender 2 offers a discount for 20 days at a cost of 320$.
1) What is the cost of failing to take the discount?
2) What is the effective IR (Interest Rate) on each loan?
3) Should Johnny's take the cash discount?
4) Which Lender should Johnny's Pizza use?
If during an election there were 6372 listed voters & 3560 listed voters voted, what percentage of the listed voters actually cast a vote.
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Pete Moran purchased a Dell Laptop Computer priced at $699. He put down 30 percent. Determine the amount of down payment;
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The earnings for Crystal Cargo Corporation have been predicted for the next 5 years and are as follows. There is 1 million shares outstanding.
Describe the challenge of estimating or coming with the good feel for "cost of equity capital" or rate of return that you feel Under Armour investors require as the minimum rate of return that they expect of require Under Armour to earn on their in..
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