Question
You place an order for 1,900 units of inventory at a unit price of $50.00. The supplier offers terms of 5/20, net 45. a. How
You place an order for 1,900 units of inventory at a unit price of $50.00. The supplier offers terms of 5/20, net 45.
a. How long do you have to pay before the account is overdue? ___________________ days Points: 1
b. If you take the full period, how much should you remit? $ _______________________ Points: 2
c. What is the discount being offered? ________________% Points: 1
d. How quickly must you pay to get the discount? __________________ days Points:
1 e. If you do take the discount, How much should you remit? $ __________________ Points: 2
f. If you dont take the discount, how much interest are you paying implicitly
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