This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A vendor offers terms of 1/10, n/30. What is the ANNUAL interest rate the vendor is charging a buyer ... (Read 228 times)

bb

  • Hero Member
  • *****
  • Posts: 544
on: Jul 5, 2018
A vendor offers terms of 1/10, n/30. What is the ANNUAL interest rate the vendor is charging a buyer who does not pay within 10 days? (Assume there are 360 days in the year.
 
  A) 1
  B) 36
  C) 18
  D) 54

Question 2

Automated business process controls contained within IT systems are called:
 a. preventive controls
  b. pervasive controls
  c. application controls
  d. management controls


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

C


bb

  • Member
  • Posts: 544
Reply 2 on: Jul 5, 2018
Great answer, keep it coming :)

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
For this bimolecular reaction, the rate constant k is second order For this bimolecular reaction, the rate constant k is second order
Annual Mean Number of Days with Thunder Annual Mean Number of Days with Thunder
The rate of global emissions is rising rapidly, especially in India and China The rate of global emissions is rising rapidly, especially in India and China
Desired Fertility versus Total Fertility Rate in Developing Countries Desired Fertility versus Total Fertility Rate in Developing Countries
Video: Physiology of Asthma

For a complete list of videos, visit our video library