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You place an order for 2,600 units of Good X at a unit price of $63. The supplier offers terms of 3/30, net 45. (Enter

You place an order for 2,600 units of Good X at a unit price of $63. The supplier offers terms of 3/30, net 45. (Enter your answer as directed, but do not round intermediate calculations.)

Requirement 1:
(a) How long do you have to pay before the account is overdue?
Number of days days
(b) If you take the full period, how much should you remit?
Remittance $
Requirement 2:
(a) What is the discount being offered? (Enter your answer as a percentage.)
Discount rate %
(b) How quickly must you pay to get the discount?
Number of days days
(c) If you do take the discount, how much should you remit?
Remittance $
Requirement 3:
(a)

If you dont take the discount, how much interest are you paying implicitly?

Implicit interest $
(b) How many days credit are you receiving?
Days credit days

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