How quickly must you pay to get the discount

Assignment Help Finance Basics
Reference no: EM132616735

You place an order for 1,400 units of Good X at a unit price of $51. The supplier offers terms of 3/20, net 45. How quickly must you pay to get the discount?

Reference no: EM132616735

Questions Cloud

Why the investment strategy signed by goldman sachs : Please describe and analyze the reasons why the investment strategy signed by Goldman Sachs and Libya in 2008 caused the heavy
What is the average investment in accounts receivable : The Malibu Corporation has annual credit sales of $35 million. The average collection period is 37 days. What is the average investment in accounts receivable
How many days credit are you receiving : You place an order for 1,400 units of Good X at a unit price of $51. The supplier offers terms of 3/20, net 45.
How relevant is economics in our everyday lives : What determines whether a resource is scarce? Why is the concept of scarcity important to the definition of economics? How relevant is economics in our everyday
How quickly must you pay to get the discount : You place an order for 1,400 units of Good X at a unit price of $51. The supplier offers terms of 3/20, net 45. How quickly must you pay to get the discount?
What is available balance : What is your available balance? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Find out disbursement float or a collection float : You have $129,000 on deposit with no outstanding checks or uncleared deposits. check for $55,000.a. Does this a disbursement float or a collection float?
How many bonds will home improvement need to sell : Spread of 7 percent of the gross proceeds. How many bonds will Home Improvement need to sell in order to receive the $3.00 million they need?
Describe one emerging trend in variable rate home loans : -As a mortgage broker, how would you keep informed about updates to the various home loan product options in your organisation or elsewhere?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd