Answer:
a.Please see explanation.
b.0%
c.25.14%
Explanation:
a. 3/15, n 60 means that if my firm pays within 15 days, it will get discount of 3%, otherwise it can pay within 60 days in full.
b. Since, the firm is paying within 14 days i.e. before the discount period of 15 days allowed by supplier,therefore the cost of trade credit in this case will be 0%.
c. annual percentage cost of non-free trade credit based on 365 days can be calculated using the below formula:
Discount %/(100%-Discount %)*(365/(Actual credit days – Discount days))
In this case:
Discount%=3%
Actual credit days=60
Discount days=15
Cost of non- free credit=3%/(100%-3%)*(365/(60-15)
=3%/97%*(365/45)
=0.031*8.11
=25.14%
Answer:
A) mutually exclusive
Explanation:
Two projects are mutually exclusive if they cannot occur at the same time.
I hope my answer helps you
You and your friends often do this sort of thing. This is an example of...generalized reciprocity
Generalized reciprocity :
Generalized reciprocity is the phenomenon that individuals treat others in the same way that others treated them in the past. Besides the behavioral outcomes, whether intention information also manipulates generalized reciprocal behavior remains unclear.
What is an example of generalized reciprocity?
Generalized reciprocity is gift giving without the expectation of an immediate return. For example, if you are shopping with a friend and you buy him a cup of coffee, you may expect him to buy you one in return at some time in the future.
What do anthropologists mean by generalized reciprocity?
Generalized reciprocity refers to a type of exchange of goods and/or services where the giver and the recipient do not keep an exact ledger of value or stipulate the amount or duration of return.
Learn more about Generalized reciprocity :
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