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You place an order for 290 units of inventory at a unit price of $110. The supplier offers terms of 2/10, net 30. a-1. How
You place an order for 290 units of inventory at a unit price of $110. The supplier offers terms of 2/10, net 30. a-1. How long do you have to pay before the account is overdue? Days until overdue 30 days a-2. If you take the full period, how much should you remit? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Remittance $ 31900 b-1. What is the discount being offered? Discount offered 2 % b-2. How quickly must you pay to get the discount? Number of days 10 days b-3. If you do take the discount, how much should you remit? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Remittance $ 31262 c-1. If you don't take the discount, how much interest are you paying implicitly? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Implicit interest $ 31 c-2. How many days' credit are you receiving? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Days' credit 20 days
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