Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 325 Weeks Ago, 6 Days Ago |
Questions Answered: | 3232 |
Tutorials Posted: | 3232 |
MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
You place an order for 290 units of inventory at a unit price of $110. The supplier offers terms of 2/10, net 30. |
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a-1 |
How long do you have to pay before the account is overdue? |
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  Days until overdue | days |
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a-2 |
If you take the full period, how much should you remit? |
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  Remittance | $   |
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b-1 |
What is the discount being offered? |
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  Discount offered | % |
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b-2 |
How quickly must you pay to get the discount? |
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  Number of days | days |
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b-3 |
If you do take the discount, how much should you remit? |
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  Remittance | $   |
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c-1 |
If you donAc€?ct take the discount, how much interest are you paying implicitly? |
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  Implicit interest | $   |
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c-2 |
How many daysAc€?c credit are you receiving? |
  Days' credit |  | days |
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