What is the effective annual percentage cost

Reference no: EM133633374

Question: A firm buys on terms of 2/4, net 45 days, it does not take discounts, and it actually pays after 71 days. What is the effective annual percentage cost of its non free trade credit?

Reference no: EM133633374

Questions Cloud

How would use this info to decide : You need to fund this project, you need to borrow from the debt market where the 1-year is 5% and 2-year rate is 8%. How would use this info to decide whether

How might the modern conceptions of the good life : How might the modern conceptions of "the good life" and the "American Dream" be linked to crime rates and contribute to environmental problems?

How much would you have in 6 years : How much would you have in 6 years if you purchased a $1,000 6-year savings certificate that paid 4% compounded quarterly? (Round your answer to the nearest

Provide rationale and support for your evaluation : Describe the rationale for the application of ethical guidelines in data collection. Provide rationale and support for your evaluation.

What is the effective annual percentage cost : A firm buys on terms of 2/4, net 45 days, it does not take discounts, and it actually pays after 71 days. What is the effective annual percentage cost

Compare the performance of both the companies : Summarize how the assets, liabilities, and owner's equity have changed over three years for Company A and Company

Which action should the practical nurse implement : During her prenatal exam at 26-weeks gestation, a client complains of feeling faint while lying supine. Which action should the practical nurse (PN) implement?

Fairly priced security will on the security market line : According to the capital asset pricing model, a fairly priced security will on the security market line. Do you agree? Why or why not? (6 points) del, a fairly

Calculate the shareholder value added : Calculate the Shareholder Value Added for the company using one of the techniques covered in the module material or based on research from analysts

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