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sdas [7]
2 years ago
15

Orange co. sells merchandise on credit to zea co. in the amount of $9,000. the invoice is dated on september 15 with terms of 1/

15, net 45. what is the amount of the discount, and up to what date must the invoice be paid in order for the buyer to take advantage of the discount?
Business
1 answer:
Juli2301 [7.4K]2 years ago
3 0

I guess the correct answer is $90, September 30

Orange Co. sells merchandise on credit to Zea Co. in the amount of $9,000. The invoice is dated on September 15 with terms of 1/15, net 45. The amount of the discount is $90 and the date must the invoice be paid in order for the buyer to take advantage of the discount is September 30.

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Bank A quotes a bid rate of $.300 and an ask rate of $.305 for the Malaysian ringgit (MYR). Bank B quotes a bid rate of $.306 an
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Answer:

B. $1,639 ​

Explanation:

To do arbitraje we will ask at Bank A for $0.305

and then bid in Bank B at $0.306

As the transactions has no cost we are doing a profit by using the exchange as they allowed. Doing this procedure will at some point eliminate the difference in exchange rate for these bank as the purchase will rise the ask rate for Bank A and the sale will decrease the bid rate.

500,000 \times \frac{0.306}{0.305}

Total: 501639,3442622951

The profit will be for: 501,639.34 - 500,000 = 1,639.34

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disa [49]
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3 years ago
Kroger decided to introduce a new product that appeals to Hispanic consumers. While the product is highly successful among Hispa
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Answer: Target market

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yawa3891 [41]

Answer:

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3 years ago
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The correct answer is the following.

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B) The Alaskan oil pipeline was completed. Affect the increase of supply and the price and the price decreases.

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