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How much is the discount offered

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Question - You place and order for 100 units of inventory at a unit price of P 50.00. The supplier offers terms of 3/30, net 90.

a. How long do you have to pay before the account is overdue? If you take the full period, how much should you remit?

b. How much is the discount offered? How quickly must you pay to get the discount? If you take the discount, how much should you remit?

c. If you don't take the discount, how much interests are you paying implicitly? How many days' credit are you receiving?

Reference no: EM133049091

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