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
MAXImum [283]
3 years ago
9

A supplier is offering your firm a cash discount of 2 percent if purchases are paid for within ten days; otherwise, the bill is

due at the end of 60 days. Would you recommend borrowing from a bank at an 18 percent annual interest rate to take advantage of the cash discount offer?
Business
1 answer:
UNO [17]3 years ago
7 0

Answer: not, I wouldn't reccomend to borrow from a bank at 18% annual

Explanation: You will pay more, as montlhy interest would be 1.5% and for the 60 days you will pay 3% interest for the loan (18/12*2).

Example:

Price $ 100

with 2% of discount by paying within 10 days would be $98

And if you ask for a loan of $98 (that is the amount you need to pay with the discount) in 60 days you must pay to the bank $100.94 (98*1.03)

You might be interested in
Why is a production possibilities frontier typically drawn as a curve, rather than a straight line?.
Vinvika [58]

This is due to the following reasons:

The curved shape is a representation of the law of diminishing returns. According to this law, there comes a time when an additional production element has less of an impact. Adding more resources to the production process, for example, may result in quite big profits at first.

<h3>What does the production possibility frontier represent?</h3>
  • The Production Possibilities Frontier (PPF) is a graph that depicts all of the possible output combinations of two items that can be produced utilizing available resources and technology. The PPF expresses the ideas of scarcity, choice, and tradeoffs.
  • A production possibilities curve depicts the possible combinations of two items that an economy can produce. Scarcity is implied by the decreasing slope of the production possibilities curve. The production possibilities curve's bowed-out shape derives from resource allocation based on comparative advantage.

Learn more about Production Possibilities Frontier here:

brainly.com/question/26460726

#SPJ4

3 0
2 years ago
True or False: Increasing the number of stocks in a portfolio reduces market risk.
AnnZ [28]

Answer:

Q1 True

Q2 More volatile

Q3 Pherk, Airing, Goohoo, Shexxon

Explanation:

Q1 The reason is that the greater the number of stock in the portfolio the lower is the unsystematic risk associated with the investment because the investor receives an average portfolio of investment.

Q2 The greater are the number of the investments in different stocks the lower are the chances of vulnerability. This means that Portfolio A consist lower number of investments than portfolio B in different companies which means that the return on the portfolio A will be more volatile than portfolio B.

Q3 The investments in different industries is more diversified than the investment made in similar industry. The Pherk, Airing, Goohoo and Shexxon are four different industries which means that the investment in such companies is more diversified than other investments in similar industries.

6 0
4 years ago
Segmentation based on some observable actions or attitudes by prospective customers, such as what benefits they seek, as well as
ch4aika [34]

Answer:

The correct answer is behavioral segmentation.

Explanation:

Behavioral market segmentation, together with demographic segmentation, geographic segmentation and psychographic segmentation is one of the main techniques of market division. These four market segmentation techniques represent the fundamental tools to support a good marketing and communication plan in the distribution of products and services.

Do not forget that many times, even if we are able to produce or offer a very good product for the audience, if we do not know what is the appropriate message to sell it, we can hardly reach our target audience.

3 0
3 years ago
In jack's home country, business negotiations focus primarily on immediate profits and quick temporary solutions. this trend bes
Stella [2.4K]
In Jack's home country, business negotiations focus primarily on immediate profits and quick temporary solutions. this trend best reflects to how an individual interprets and reacts to tasks, resulting in different patterns of cognition, affect and behavior. 
3 0
3 years ago
The ________________________ is the amount for goods and services that the international assignee is expected to spend in the ho
ahrayia [7]

Answer:

home country spendable

Explanation:

The term that is being mentioned in this question is known as home country spendable. Like mentioned, this is income that represents the specific part of the home-country income that the assignee uses in order to pay the day-to-day purchases, unless the cost of the goods/services is higher in the host location, in which case a compensation package needs to be added.

5 0
4 years ago
Other questions:
  • On July 1, 2019, Cullumber Company purchased new equipment for $85,000. Its estimated useful life was 5 years with a $12,000 sal
    10·1 answer
  • Job satisfaction is independent of: select one:
    9·1 answer
  • Dan Jones and Pat Smith are two employees of Lone Star, Inc. In January 2017, Dan's gross pay was $11,500, and Pat's gross pay w
    10·1 answer
  • When the federal government changes purchases and/or taxes to stimulate the economy or rein in inflation, such policy is:_______
    14·1 answer
  • Suppose the demand for good X is given by Qd x = 10 - 2Px + Py + M. The price of good X is $1, the price of good Y is $10, and i
    12·1 answer
  • One benefit of ______ is that employees are more likely to be committed to their goals and to the goals of the organization beca
    8·2 answers
  • 6) Una escuela tiene un total de 475 estudiantes. Se quiere extraer una muestra de 80. Explica en detalle cómo se obtiene dicha
    5·1 answer
  • Platforms often store personal data subject to security clauses in data protection regulations such as GDPR or the Data Protecti
    11·1 answer
  • A not-for-profit art museum that has elected to capitalize its art collection receives a donation of a rare piece of Native-Amer
    12·1 answer
  • If a company paid $38,000 of its accounts payable in cash, what was the effect on the accounting equation? Multiple Choice Asset
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!