1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rashid [163]
3 years ago
9

You place an order for 300 units of inventory at a unit price of $135. The supplier offers terms of 3/10, net 60. a-1. How long

do you have to pay before the account is overdue? a-2. If you take the full period, how much should you remit?
Business
1 answer:
Softa [21]3 years ago
7 0

Answer:

a1. 60 days

a2.Remittance = $40,500

b1- 1 % discount offered

b-2, 10days

b-3 =$40,095 ± 0.1

c-1 Implicit interest $405 ± 0.1%

c-2 Days' credit days=50 days

Explanation:

a1. 60 days

a2.0rder for 300 units of inventory at a unit price of $135

Remittance = 300($135)

Remittance = $40,500

b- 1 % discount offered

b-2, 10days

b-3 Remittance (1- 0.01) $40,500

(0.99)$40,500

Remittance =$40,095 ± 0.1%

c-1 Implicit interest $40,500- $40,095

Implicit interest $405 ± 0.1%

c-2

Days' credit days 60-10

Days' credit days=50 days

You might be interested in
A good group decision-making approach when the objective is to make sure that every person’s idea is heard is:
Dimas [21]

Answer:

Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.

Explanation:

Nominal group technique which is sometimes denoted as NGT is type of decision making approach that first step include identification of problems and then resolve them.

This type of approach want every single member involvement and their ideas to be share among the present group. The  main advantage of this approach is that it include every individual participation, chaos or noise between the discussion is less.

3 0
3 years ago
Triumph Corp. issued five-year bonds that pay a coupon of 6.375 percent annually. The current market rate for similar bonds is 8
kari74 [83]

Answer:

Price of  bond  = $916.26

Explanation:

<em>The amount to be paid for the bond would be equal to the Present value (PV) of the redemption Value (RV) plus the present value of the interest payments discounted at the yield rate.</em>

Let us assume that the face value of the bond is 1000 and it is redeemable at par

Interest payment = 6.375%× 1000 = 63.75

PV of interest payment = A× (1- (1+r)^(-n))/r

A- 63.75, r-8.5%, n-5

PV = 63.75 ×(1- (1.085)^(-5))/0.085)

PV = 251.215

PV of RV

PV = RV × (1+r)^(-5)

    = 1,000 × (1.085)^(-5)

   = 665.045

Price of  bond  = $916.26

6 0
3 years ago
____ is a systems development technique that tests system concepts and provides an opportunity to examine input, output, and use
Andru [333]

Answer:

The correct answer is letter "B": Prototyping.

Explanation:

Prototyping is a method of evaluating the possible success of a business by creating a replica of what the operations of the company would be. Prototyping provides investors an idea of what the business could be like spotting improvement areas before the company starts the real production.

6 0
3 years ago
a student who has lost group health care coverage under his or her parent's employer group plan due to the parent leaving the jo
hram777 [196]

A student lost group health care coverage under his or her parent's employer group plan due to the parent leaving the job is<u> eligible to continue.</u>

A worker organization is a subdivision of a personnel Subarea that determines blessings based on hours labored. A worker Subgroup is a subdivision of a worker organization, that defines eligibility for pay rates; for instance, positive activity families which have unique weekday and weekend alternatives. employee agencies.

The organizations exist to provide help and help in non-public or career development and to create a secure area in which employees can convey their whole selves to the table.

Allies can also be invited to join the ERG to help their colleagues. today, in line with TopMBA, ERGs are determined in 90% of Fortune 500 coIn a piece group, group individuals are unbiased from each other and feature personal responsibility. however, in a group, group members share mutual accountability and paint carefully together to clear up problems.

Learn more about employees here:

 brainly.com/question/27953070

#SPJ4

8 0
11 months ago
Perdue Company purchased equipment on April 1 for $67,500. The equipment was expected to have a useful life of three years, or 4
Tomtit [17]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
7 0
3 years ago
Other questions:
  • The primary purpose of the requirements analysis phase is to ________. eliminate obviously nonsensible projects before forming a
    7·1 answer
  • What term best summarizes the idea that money indicates success and value?
    12·1 answer
  • Michelle, an Italian fashion designer, sells her merchandise by exporting it to the United States, United Kingdom, and Brazil. A
    8·1 answer
  • In the long run, each firm in a competitive industry earns
    7·1 answer
  • A customer opens a short margin account by selling short 600 shares of XYZ stock at $80 per share and deposits the required marg
    9·1 answer
  • Public companies under the jurisdiction of the Securities and Exchange Commission are required by law to hire a certified public
    14·1 answer
  • What is an AA? (From college)
    15·1 answer
  • Over the last few months, Juan and his colleagues have analyzed the current business situation and identified target markets for
    8·1 answer
  • Which of the following is true of options? a. ​More than one of these. b. ​The writer pays the buyer the option premium. c. ​The
    10·1 answer
  • Irrespective of whether a firm produces or shuts down in the short run, fixed cost is equal to its _____
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!