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

Author Question: Your company buys supplies on credit terms of 2/10 net 45. Suppose the company makes a purchase of ... (Read 107 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jul 10, 2018
Your company buys supplies on credit terms of 2/10 net 45. Suppose the company makes a
  purchase of 20,000 today. Which of the following payment options makes the most sense as a
  general rule?
 
  A) Pay the bill on day 10 to get the discount.
  B) Pay the bill as soon as possible to keep the supplier happy.
  C) Pay the bill on day 45 due to the time value of money.
  D) Either pay the bill on day 10 to get the discount, or wait until day 45.

Question 2

All of the following are found in the cash budget EXCEPT
 
  A) cash disbursements. B) new financing needed.
  C) a net change in cash for the period. D) accounts receivable.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jul 10, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


penza

  • Hero Member
  • *****
  • Posts: 1,022
Reply #2 on: Jul 10, 2018
Correct answers!


reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jul 10, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

The following terms describe types of body movement that occur at the diarthrotic joints The following terms describe types of body movement that occur at the diarthrotic joints
Relative Positional Terms Relative Positional Terms
The Stillwater Mining Company The Stillwater Mining Company
Anatomical terms for location and direction. Anatomical terms for location and direction.
How to calculate credit card interest when the interest is compounded How to calculate credit card interest when the interest is compounded
expiremntal psychology and its terms expiremntal psychology and its terms
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library