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You place an order for 300 units of inventory at a unit price of $135. The supplier offers terms of 3 / 10, net 60.

You place an order for 300 units of inventory at a unit price of $135. The supplier offers terms of 3 / 10, net 60.

a-1. How long do you have to pay before the account is overdue?

Days until overdue days

a-2. If you take the full period, how much should you remit? (Omit $ sign in your response.)

Remittance $

b-1. What is the discount being offered?

Discount offered %

b-2. How quickly must you pay to get the discount?

Number of days days

b-3. If you do take the discount, how much should you remit? (Omit $ sign in your response.)

Remittance $

c-1. If you dont take the discount, how much interest are you paying implicitly? (Omit $ sign in your response.)

Implicit interest $

c-2. How many days credit are you receiving?

Days' credit days

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