Question
1. A healthcare organization enters into a trade credit agreement with one of its supply vendors with terms at 2/10, net 30. If the invoice
1. A healthcare organization enters into a trade credit agreement with one of its supply vendors with terms at 2/10, net 30. If the invoice price is $1,000 and the organization remits payment on day 9 from the invoice date, how much should the organization send for payment?
Group of answer choices
$1,000
$1,020
$900
$980
2.
Healthcare leaders must assess and interpret additional costs to the organization as related to regular cash outflows for activities related to receiving a good or service now and paying it later. Which of these apply?
Group of answer choices
Employees salaries
All of the above
Regular interest expenses
Regular principal payments
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