What is effective annual cost of not taking this discount

Reference no: EM133332232

Question: A firm is offered trade credit terms of 2/20, net 40days. The firm does not take the discount, and it pays on the 40th day. What is the effective annual cost of not taking this discount?

Reference no: EM133332232

Questions Cloud

How do you picture your retirement : How do you picture your retirement? How will you make a sense of meaning, and what would a typical day look like? How may this affect your relationships?

Why would every tradable asset in the market be included : illustrate with a graph why no one will invest in other risky portfolios than the market portfolio. Why would every tradable asset in the market be included

How do you define cultural diversity : How do you define "cultural diversity"? Do you think the way you define cultural diversity is the same or different than how others might define it?

Conducting performance reviews for employees : Jasmine, a manager at a local nonprofit, is conducting performance reviews for the employees on her team.

What is effective annual cost of not taking this discount : A firm is offered trade credit terms of 2/20, net 40days. The firm does not take the discount, and it pays on the 40th day. What is the effective annual cost

Compute their break-even point in dollars : Compute their contribution margin (CM) and earnings before interest and taxes (EBIT). Compute their break-even point in dollars.

Ramifications in terms of people-animals-ideas : What were the ramifications in terms of people, animals, ideas, and the environment of the collision of the old world with the new

About your audience before you provide advice : What should you consider about your audience before you provide advice? what is an example of what you would say to Kathy?

How interactive communication technologies : Critically discuss how interactive communication technologies have changed organisational communication with reference to the paradigmatic shifts

Reviews

Write a Review

Required(*) Message

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 ..

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!

Submit Assignment

User Account

All Pages