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Alex Ar [27]
3 years ago
11

Quick depot buys tools from a supplier with an invoice amount of $19,700. the terms of the sale are 15/15, n/30. what is the net

amount due on the order if the bill is paid by the 15th day
Business
1 answer:
romanna [79]3 years ago
5 0
<span>the terms of the sale are 15/15, n/30  indicates that the sales will include a 15% discount if the payment is finished within 15 days.
So, The net value of the payment in the 15th day would be:

$ 19,700 - (15% x $ 19,700)

= $ 19,700 - $ 2955

= $ 16,745</span>
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Phoenix, a popular coffee shop chain in North America, recently opened 400 stores to cater to its rapidly increasing number of p
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Answer: market penetration

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Give an example of situation in which a surplus of a product lead to decreased prices.
d1i1m1o1n [39]

Example of a situation in which a surplus of a product leads to decreased prices is food staples in America.

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Food staples like frozen foods and vegetables along with eggs are considered a surplus product in America.

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describe five ways in which contract management might adds value after the contract award stage of the sourcing process.​
melamori03 [73]

Answer:

The five ways for contract management are:

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3 - Risk of misunderstanding and disagreement.

4 - Identify opportunities and improve performance.

5 - Performance evaluation against KPIs.

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