This topic contains a solution. Click here to go to the answer

Author Question: All of the following are costs of credit EXCEPT (Read 22 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!

Question 1

A company is offering a discount with terms 3/15 net 40. What is the discount rate associated with this offer?
◦ 3%
◦ 15%
◦ 40%
◦ 20%
◦ 5%

Question 2

All of the following are costs of credit EXCEPT
◦ bad debt losses.
◦ credit analysis expenses.
◦ lost revenues when customers do not take advantage of trade discounts.
◦ the increased investment in accounts receivable.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by WWatsford on Apr 25, 2021

cascooper22

  • Sr. Member
  • ****
  • Posts: 312
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 25% of students answer this correctly




WWatsford

  • Member
  • Posts: 539
Reply 2 on: Apr 25, 2021
Wow, this really help


smrtceo

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

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?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

For a complete list of videos, visit our video library