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A retailer is considering the purchase of 100 units of a specific item from either of two suppliers. Their offers are as follows: E: $300
A retailer is considering the purchase of 100 units of a specific item from either of two suppliers. Their offers are as follows:
E: $300 a unit, total of $30,000, 1/10, n/30, no charge for freight. F: $295 a unit, total of $29,500, 2/10, n/30, plus freight of $375.
Price of E =
Price of F =
Which of the two offers, E or F, yields the lower price?
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