How much interest are you paying implicitly

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Reference no: EM13929022

You place an order for 540 units of inventory at a unit price of $170. The supplier offers terms of 2/15, 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? 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? Remittance $ c-1 If you don’t take the discount, how much interest are you paying implicitly? Implicit interest $ c-2 How many days’ credit are you receiving? Days' credit days

Reference no: EM13929022

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