Question
Bolded numbers are the questions 10) Weisbach Electronics is considering investing in India. Which of the following factors would make the company less likely to
Bolded numbers are the questions
10) Weisbach Electronics is considering investing in India. Which of the following factors would make the company less likely to proceed with the investment?
11) Buskirk Construction buys on terms of 2/19, net 60 days. It does not take discounts, and it typically pays on time, 60 days after the invoice date. Net purchases amount to $800,000 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.)
12) Atlanta Cement, Inc. buys on terms of 2/20, net 40. It does not take discounts, and it typically pays 50 days after the invoice date. Net purchases amount to $720,000 per year. What is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year?
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