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 101 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?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

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.

Establishing a caring and trusting relationship helps the client come to terms with a terminal illne Establishing a caring and trusting relationship helps the client come to terms with a terminal illne
When the United States gets stuck over a controversial issue—usually something a divided Congress ca When the United States gets stuck over a controversial issue—usually something a divided Congress ca
Inflated Phrases Compared with Concise Terms Inflated Phrases Compared with Concise Terms
Helgeson Company has identified the following items for possible inclusion when taking a ... Helgeson Company has identified the following items for possible inclusion when taking a ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ... Mishu wants to invest an inheritance of $20,000 for one year. His credit union offers 8.85% for ...
Video: Role of complement proteins

For a complete list of videos, visit our video library