The difference between the total number of wholesalers and those that supply on 30-day credit, gives the number that require cash on delivery as 2
<h3>How can the question be analyzed to find the required number of wholesalers?</h3>
The number of wholesalers Sue has sourced = 4
Terms of two suppliers = 30 days credit
Amount of stock Sue has = $15000
Amount of stock on credit = $10000
Operating cash reserve of the business = $20000
Required:
The number of wholesalers that require terms of cash on delivery
Solution:
Given that the number of wholesalers = 4
The number number of suppliers (wholesalers) that supply on 30-day credit = 2
Therefore;
The number of wholesalers that require terms of cash on delivery = 4 - 2 = 2
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