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You place an order for 250 units of inventory at a unit price of $190. The supplier offers terms of 1/10, net 30. (Do not
You place an order for 250 units of inventory at a unit price of $190. The supplier offers terms of 1/10, net 30. (Do not round intermediate calculations.) a-1. How long do you have to pay before the account is overdue? a-2. If you take the full period, how much should you remit? b-1. What is the discount being offered? b-2. How quickly must you pay to get the discount? b-3. If you do take the discount, how much should you remit? c-1. If you don't take the discount, how much interest are you paying implicitly? c-2. How many days' credit are you receiving? days a-1. Days until overdue a-2. Remittance b-1. Discount offered b-2. Number of days b-3. Remittance c-1. Implicit interest c-2. Day's credit % days days
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