The equivalent annual interest lost on the amount

Assignment Help Financial Management
Reference no: EM132331601

Question

A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the equivalent annual interest lost on the amount of the purchase is?

Reference no: EM132331601

Questions Cloud

Discuss the role that pension funds play in company : Discuss the role that pension funds play in company pension plans. What benefits accrue to companies who elect to use pension funds?
Mention the seven layers of the osi stack : a. Mention the seven layers of the OSI stack, and describe the basic function of each layer.
What are the tax consequences for the partnership : The partnership agreement provides that Alex is to be paid an annual salary of $50,000. The balance is to be distributed equally between Alex and Pam.
Readings about the internet of things : Yin made some readings about the Internet of Things and is concerned that his technicians might have to deal with devices
The equivalent annual interest lost on the amount : A buyer failed to take advantage of the vendor's credit terms of 2/10, n/45, but instead paid the invoice in full at the end of 45 days.
Design and present the implementation prototype : Suggest a suitable design and present the implementation prototype with virtual machines using Oracle VirualBox Tool
Describe element of hardware architecture : Given a computer system, describe each element of its hardware architecture in terms of its various sub-systems
Relationship between risk assessment and risk management : Discuss the relationship between risk assessment and risk management. Explain how dose-response data are utilized for risk assessment.
Manufacturing plant network computers : What would be the best configuration to help a manufacturing plant network their computers and include connections to the Internet for all computers.

Reviews

Write a Review

Financial Management Questions & Answers

  Considering the purchase of new machine for project

You are considering the purchase of a new machine for a project. Details of this potential purchase are provided below.

  Compute the present worth of the expected value PW

Calculate the expected value of present worth EV(PW). Compute the present worth of the expected value PW(EV).

  Information is available concerning trade margins and costs

Within a given distribution channel, the following information is available concerning trade margins and costs. A wholesaler has a unit selling price of $250 and a unit cost of $140. The retailer requires a 33% mark up on selling price. The manufactu..

  What is the best estimate of these bonds remaining life

Lloyd Corporation's 15% coupon rate, semiannual payment, $1,000 par value bonds, which mature in 25 years, are callable 6 years from today at $1,050. They sell at a price of $1,459.36, and the yield curve is flat. What is the best estimate of these b..

  Calculate the current price of the bond

calculate the current price of the bond.

  Project net present value-modified internal rate of return

calculate the project’s Net Present Value and Modified Internal Rate of Return assuming ACC has a 12% cost of capital.

  What is the present value of the interest tax shield

A firm has perpetual debt of $10 million at an interest rate of 7%. What is the present value of the interest tax shield if the tax rate is 35%?

  How much less will your house be worth in five years compare

You buy a house for $220,000 in a neighborhood where home prices have risen 5% annually on average.

  Office furniture manufacturing and data processing division

The Tierney Group has two divisions of equal size: an office furniture manufacturing division and a data processing division. Its CFO believes that stand-alone data processor companies typically have a WACC of 9%, while stand-alone furniture manufact..

  What is the value of the firm with taxes

What is the value of the firm according to M&M Proposition I with taxes?

  Derivative instrument or have embedded optionality

There have been many innovations in financial products over the years that have explicit definition as a derivative instrument or have embedded optionality.

  What is the maximum contribution

What is the maximum contribution Eric can make to an IRA in 2016?

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