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You place an order for 370 units of inventory at a unit price of $140. The supplier offers terms of 3/10, net 90. a-1. How

You place an order for 370 units of inventory at a unit price of $140. The supplier offers terms of 3/10, net 90.

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 dont take the discount, how much interest are you paying implicitly?
c-2. How many days credit are you receiving?

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