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Burka [1]
3 years ago
15

Buskirk Construction buys on terms of 2/15, net 60 days. It does not take discounts, and it typically pays on time, 60 days afte

r the invoice date. Net purchases amount to $650,000 per year. On average, how much "free" trade credit does the firm receive during the year? (Assume a 365-day year, and note that purchases are net of discounts.)a. $31,253b. $27,781c. $31,788d. $26,712e. $22,705
Mathematics
1 answer:
Sergeeva-Olga [200]3 years ago
8 0

Answer:

option (d) 26,712

Step-by-step explanation:

Data provided in the question:

Terms for buying = 2/15, net 60 days

Net purchases amount = $650,000 per year

Now,

Per credit cycle purchase = Net purchases amount × [ 60 ÷ 365 ]

= $650,000 × 0.16438

= $106,849.315

Free trade per credit cycle = Per credit cycle purchase × [ 15 ÷ 60 ]

= $106,849.31 ÷ 0.25

= $26,712.33 ≈ $26,712

Hence,

The correct answer is option (d) 26,712

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you are shopping for disposable cameras to hand out at a party. the daytime cameras costs 2.75 dollars and the flash camera cost
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The solutions that involve whole numbers of cameras are (7, 13), (8, 12), (9, 11), (10, 10), (11, 9), (12, 8) and (13, 7)

<h3>Write and solve a compound inequality for this solution. </h3>

The given parameters are:

  • Daytime cameras = $2.75
  • Flash camera = $4.25
  • Number of cameras = 20 cameras
  • Amount spent = Between $65 and $75

Represent the daytime camera with x and the flash camera with y.

So, we have:

x + y = 20

65 <=2.75x + 4.25y <= 75

Make y the subject in x + y = 20

y = 20 - x

Substitute y = 20 - x in 65 <=2.75x + 4.25y <= 75

65 <=2.75x + 4.25(20 - x) <= 75

Expand

65 <=2.75x + 85 - 4.25x <= 75

This gives

65 <=-1.5x+ 85  <= 75

Subtract 85 from the inequality

-20 <=-1.5x <= -10

Split the inequality

-1.5x >= -20 and -1.5x <= -10

Divide by -1.5

x <= 13.33 and x >= 6.67

Combine the inequality

6.67 <= x <= 13.33

<h3>List all of the solutions that involve whole numbers of cameras.</h3>

In (a), we have:

6.67 <= x <= 13.33

This means that:

x = 7, 8, 9, 10, 11, 12, 13

Recall that:

y = 20 - x

So, we have:

y = 13, 12, 11, 10, 9, 8, 7

So, the solutions that involve whole numbers of cameras are (7, 13), (8, 12), (9, 11), (10, 10), (11, 9), (12, 8) and (13, 7)

Read more about inequality at:

brainly.com/question/25275758

#SPJ1

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