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You place an order for 4 0 0 units of inventory at a unit price of $ 2 0 5 . The supplier offers terms
You place an order for units of inventory at a unit price of $ The supplier offers terms of net
a How long do you have to pay before the account is overdue?
Days until overdue days
a If you take the full period, how much should you remit? Omit $ sign in your response.
Remittance $
b What is the discount being offered?
Discount offered
b How quickly must you pay to get the discount?
Number of days days
b If you do take the discount, how much should you remit? Omit $ sign in your response.
Remittance $
c If you don't take the discount, how much interest are you paying implicitly? Omit $ sign in your response.
Implicit interest $
c How many days' credit are you receiving?
Days' credit days
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