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You place an order for 1,900 units of inventory at a unit price of $56. The supplier offers terms of 2/20, net 40 c-1. If
You place an order for 1,900 units of inventory at a unit price of $56. The supplier offers terms of 2/20, net 40
c-1. If you dont take the discount, how much interest are you paying implicitly? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
c-2. How many days credit are you receiving? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.
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