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UrWIN Clapiei Score: 0 of 1 pt 13.00 17 0 completo HW Score: 0%, 0 of 17 P 19-13 (similar to) Question Home Sample Simon's Bay purchases on terms of 18/10, 5 Simple Simon choose to take the discount of monokonto its short to racing needs. A local bank has gaited Simplu Son owner anstre of 101% ontwed fund Shock Sple Simon's enter the loan agreement with the bank and begin taking the discount? Het Us 365 days for you The cost of one the discount is Round no one decimal place) Score: 0 of 1 pt 14 of 17 (0 complete) P 19-14 (similar to) Your firm purchases goods from its supplier on terms of 1.4/13, net 30 a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 307 b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 407 (Hint: Use a 365 day year) a. What is the effective annual cost to your firm it it chooses not to take the discount and makes its payment on day 30? If your firm chooses not to take the discount and makes its payment on day 30, the effective annual cost is 0% (Round to one decimal place) THU icvvUI N. laptei_19 Score: 0 of 1 pt 13 of 17 (4 complete) HW Score: 23.53%, 4 of 17 pt P 19-13 (similar to) Question Help Simple Simon's Bakery purchases supplies on terms of 1.8/10, net 25. If Simple Simon's chooses to take the discount offered, it must obtain a bank loan to meet its short-term financing needs. A local bank has quoted Simple Simon's owner an interest rate of 10.1% on borrowed funds. Should Simple Simon's enter the loan agreement with the bank and begin taking the discount? (Hint: Use 365 days for a year) The cost of forgoing the discount is % (Round to one decimal place.) Score: 0 of 1 pt 14 of 17 (4 complete) HW Score: 23.53 > 19-14 (similar to) Questi Your firm purchases goods from its supplier on terms of 1.4/13, net 30. a. What is the effective annual cost to your firm it chooses not to take the discount and makes its payment on day 30? b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 402 (Hint: Use a 365 day year) a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 30% If your firm chooses not to take the discount and makes its payment on day 30, the effective annual cost is % (Round to one decimal place) UrWIN Clapiei Score: 0 of 1 pt 13.00 17 0 completo HW Score: 0%, 0 of 17 P 19-13 (similar to) Question Home Sample Simon's Bay purchases on terms of 18/10, 5 Simple Simon choose to take the discount of monokonto its short to racing needs. A local bank has gaited Simplu Son owner anstre of 101% ontwed fund Shock Sple Simon's enter the loan agreement with the bank and begin taking the discount? Het Us 365 days for you The cost of one the discount is Round no one decimal place) Score: 0 of 1 pt 14 of 17 (0 complete) P 19-14 (similar to) Your firm purchases goods from its supplier on terms of 1.4/13, net 30 a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 307 b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 407 (Hint: Use a 365 day year) a. What is the effective annual cost to your firm it it chooses not to take the discount and makes its payment on day 30? If your firm chooses not to take the discount and makes its payment on day 30, the effective annual cost is 0% (Round to one decimal place) THU icvvUI N. laptei_19 Score: 0 of 1 pt 13 of 17 (4 complete) HW Score: 23.53%, 4 of 17 pt P 19-13 (similar to) Question Help Simple Simon's Bakery purchases supplies on terms of 1.8/10, net 25. If Simple Simon's chooses to take the discount offered, it must obtain a bank loan to meet its short-term financing needs. A local bank has quoted Simple Simon's owner an interest rate of 10.1% on borrowed funds. Should Simple Simon's enter the loan agreement with the bank and begin taking the discount? (Hint: Use 365 days for a year) The cost of forgoing the discount is % (Round to one decimal place.) Score: 0 of 1 pt 14 of 17 (4 complete) HW Score: 23.53 > 19-14 (similar to) Questi Your firm purchases goods from its supplier on terms of 1.4/13, net 30. a. What is the effective annual cost to your firm it chooses not to take the discount and makes its payment on day 30? b. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 402 (Hint: Use a 365 day year) a. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 30% If your firm chooses not to take the discount and makes its payment on day 30, the effective annual cost is % (Round to one decimal place)
