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 128 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?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

The stability of carbon bonds makes life possible even in extreme environments The stability of carbon bonds makes life possible even in extreme environments
What makes tea so good What makes tea so good
Land Plant Reproductive Terms Land Plant Reproductive Terms
One way to think about the different phases or stages of adulthood is in terms of the relative ... One way to think about the different phases or stages of adulthood is in terms of the relative ...
How to evaluate algebraic terms containing fractional exponents without a calculator How to evaluate algebraic terms containing fractional exponents without a calculator
A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ... A company purchased 26 desks for $240 each and 18 chairs for $59 each. Compute the total ...
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library