How long do you have to pay before the account is overdue

Assignment Help Finance Basics

Reference no: EM131424338

Cash Discounts You place an order for 300 units of inventory at a unit price of $135. The supplier offers terms of 2/10, net 45.

a. How long do you have to pay before the account is overdue? If you take the full period, how much should you remit?

b. What is the discount being offered? How quickly must you pay to get the discount? If you do take the discount, how much should you remit?

c. If you don't take the discount, how much interest are you paying implicitly? How many days' credit are you receiving?

Reference no: EM131424338

Questions Cloud

Discuss the similarities and differences using vocabulary : Choose one or two self-portrait artworks that are in the current exhibition in the Schelfhaudt Gallery. Discuss the similarities and differences using vocabulary we've learned this semester as well as from the textbook glossary

What is the probability that she carries a shovel : If the person uses chains, what is the probability that he carries a shovel? Write a Solution Trail for this problem.- Given that the person does not use chains, what is the probability that she carries a shovel?

Negotiated service contracts with third party payers : Analyze how physicians and hospitals have negotiated service contracts with third party payers. Discuss how fee for service versus managed care models of reimbursement have contributed risk avoidance in their contract negotiations.

Explain how the dhs has changed from its inception in 2001 : Explain how the DHS has changed from its inception in 2001 to what it has become today.Describe how the relationships between the DHS and other law enforcement and intelligence agencies have transformed over the years.Analyze the current structure ..

How long do you have to pay before the account is overdue : What is the discount being offered? How quickly must you pay to get the discount? If you do take the discount, how much should you remit?

What is probability that grouper is longer than 5 feet : Suppose the grouper is 3-5 feet long. What is the probability that it is from Monroe?- Suppose the grouper is from Sarasota. What is the probability that the grouper is longer than 5 feet?

Define what is disaster recovery plan : Define what is Disaster Recovery Plan. Discuss Why is disaster recovery plan a 'must' for all organizations?List and discuss at least 4 important plans that must be included in any organizations Disaster Recovery Plan document.

Explain the key effects of the contracts : Explain the key effects of the Contracts (Rights of Third Parties) Act, Cap. 53B of Singapore vis-à-vis the common law position relating to privity of contract

Prepare a reverse chronological resume : Prepare a Reverse Chronological Resume AND a Visual Resume using a resume template. Your resume should include contact information, education, work experience, a personal section combining awards, skills, and/or activities relevant to job experien..

User Account

All Pages