The equivalent annual interest lost on the amount

Assignment Help Financial Management
Reference no: EM132331601

Question

A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the equivalent annual interest lost on the amount of the purchase is?

Reference no: EM132331601

Questions Cloud

Discuss the role that pension funds play in company : Discuss the role that pension funds play in company pension plans. What benefits accrue to companies who elect to use pension funds?
Mention the seven layers of the osi stack : a. Mention the seven layers of the OSI stack, and describe the basic function of each layer.
What are the tax consequences for the partnership : The partnership agreement provides that Alex is to be paid an annual salary of $50,000. The balance is to be distributed equally between Alex and Pam.
Readings about the internet of things : Yin made some readings about the Internet of Things and is concerned that his technicians might have to deal with devices
The equivalent annual interest lost on the amount : A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of 45 days.
Design and present the implementation prototype : Suggest a suitable design and present the implementation prototype with virtual machines using Oracle VirualBox Tool
Describe element of hardware architecture : Given a computer system, describe each element of its hardware architecture in terms of its various sub-systems
Relationship between risk assessment and risk management : Discuss the relationship between risk assessment and risk management. Explain how dose-response data are utilized for risk assessment.
Manufacturing plant network computers : What would be the best configuration to help a manufacturing plant network their computers and include connections to the Internet for all computers.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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