Your firm is offered credit terms of 2/15, net 50 . What is the effective annual interest rate on this arrangement? Assume 365 days in each year. 23.45% 31.03% 41.52% 24.28% ume an average selling price of $50 per unit, a variable cost per unit of $39, a inonthly interest rate of 1 percent, and a default rate of 5 percent. What is the NPV of extending credit for 30 days to all who are expected to become repeat customers? $996 $1,006 $1,045 $1.142 ABC Furniture sells 6,000 chairs per year at an average price of $400. The carrying cost per chair is $15 and the fixed order cost is $300. What is the economic order quantity for the couches? 565.69358.65489.90668.20 Which one among the following techniques is NOT for inventory management? Just-in-Time Inventory Aging Schedule The ABC Approach Materials Requirements Planning