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You place an order for 225 units of inventory at a unit price of $170. The supplier offers terms of 2/15, net 45. How long
You place an order for 225 units of inventory at a unit price of $170. The supplier offers terms of 2/15, net 45. How long do you have to pay before the the account is overdue If you take the full period, how much should you remit? What is the discount being offered? __% How quickly must you pay to get the discount? ____days? How much will your payment be if you take the discount? If you don't take the discount, how much interest (in dollars) are you paying implicitly? How many days' credit are you receiving
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