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

Author Question: Calculate the APR for an invoice that has the terms 1/20 net 45. (Read 28 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Apr 25, 2021

Question 1

As the amount of credit extended increases, the ________ decreases.
◦ optimal amount of credit
◦ net cost of receivables
◦ cost of receivables
◦ revenues from increased sales

Question 2

Calculate the APR for an invoice that has the terms 1/20 net 45.
◦ 14.75%
◦ 18.80%
◦ 12.25%
◦ 15.65%
◦ 10.35%
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Apr 25, 2021
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 35% of students answer this correctly


karen

  • Member
  • Posts: 537
Reply 2 on: Apr 25, 2021
Excellent

6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

How to calculate present value (Question 2) How to calculate present value (Question 2)
How to calculate monthly mortgage payments at varying amortization periods (Question 1) How to calculate monthly mortgage payments at varying amortization periods (Question 1)
How to evaluate algebraic terms containing fractional exponents without a calculator (Part 2) How to evaluate algebraic terms containing fractional exponents without a calculator (Part 2)
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
Calculate the pH of a solution formed by mixing 120.0 mL of 0.30 M HClO with 1180.0 mL of 0.20 ... Calculate the pH of a solution formed by mixing 120.0 mL of 0.30 M HClO with 1180.0 mL of 0.20 ...
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Muscle Fatigue and Recovery

For a complete list of videos, visit our video library