How long do you have to pay before the account is overdue

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Reference no: EM13934394

You place an order for 320 units of inventory at a unit price of $180. The supplier offers terms of 3/15, net 30.

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 don’t take the discount, how much interest are you paying implicitly? c-2 How many days’ credit are you receiving?

Reference no: EM13934394

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