data table in second pic :)
Credit terms Purchases made on credt are due in tull by the end of the biling period Many fims extend a dicount for payment made in the irst part of the biling period The original invoice contains a type of shorthand notuation hat explains the credt tems that apply Nole Assume a 365 day year ) a. Write the shorthand expression of credit teems for each of the tollowing EB b. For each of the sets of credit terms in part a, caloulate the number of days until full payment is due for invoices dated March 12 e. For each of the sets of credt terms, cakculate the cost of giving up the cash discount d. lfthe firm's cost of short term financing is 8 2%, what would you recommendinregrd to taking the discount or ghing t up n each case? The short hand eapreson of the credst wms The short-hand expression of the credit tems 2 is The shont hand expression of the credt terms 3 s The short-hand expression ofthe crea terms 4 isD:net b. Credt terms 1 is due days (Round to the nearest integer Credt terms 2 is due in days (Round to the nearest ineger) Credt terms 3 is due in days Round to the nearest intepe) Round coniterdy and slect fiom the dbop-down manu) Round consistently and select from the drop-down menu) Round consshendly and select from the drop-doun menu ) Round consisbenitly and select from the drop-down menu ) (Round to nearest integer (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Beginning of Cash discount period 14 days 10 days 7 days 8 days Credit periodcredit period Cash discount 1.3% 1.5% 1.7% 1.9% 32 days 30 days 30 days 55 days date of invoice end of month date of invoice end of month Print Done Credit terms Purchases made on credt are due in tull by the end of the biling period Many fims extend a dicount for payment made in the irst part of the biling period The original invoice contains a type of shorthand notuation hat explains the credt tems that apply Nole Assume a 365 day year ) a. Write the shorthand expression of credit teems for each of the tollowing EB b. For each of the sets of credit terms in part a, caloulate the number of days until full payment is due for invoices dated March 12 e. For each of the sets of credt terms, cakculate the cost of giving up the cash discount d. lfthe firm's cost of short term financing is 8 2%, what would you recommendinregrd to taking the discount or ghing t up n each case? The short hand eapreson of the credst wms The short-hand expression of the credit tems 2 is The shont hand expression of the credt terms 3 s The short-hand expression ofthe crea terms 4 isD:net b. Credt terms 1 is due days (Round to the nearest integer Credt terms 2 is due in days (Round to the nearest ineger) Credt terms 3 is due in days Round to the nearest intepe) Round coniterdy and slect fiom the dbop-down manu) Round consistently and select from the drop-down menu) Round consshendly and select from the drop-doun menu ) Round consisbenitly and select from the drop-down menu ) (Round to nearest integer (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Beginning of Cash discount period 14 days 10 days 7 days 8 days Credit periodcredit period Cash discount 1.3% 1.5% 1.7% 1.9% 32 days 30 days 30 days 55 days date of invoice end of month date of invoice end of month Print Done
