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# You place an order for 440 units of inventory at a unit price of \$105. The supplier offers terms of 1/10, net 90. (Do not round intermediate...

 You place an order for 440 units of inventory at a unit price of \$105. The supplier offers terms of 1/10, net 90. (Do not round intermediate calculations.)

 a-1 How long do you have to pay before the account is overdue?

 Days until overdue days

 a-2 If you take the full period, how much should you remit?

 Remittance \$

 b-1 What is the discount being offered? (Enter your answer as a percent.)

 Discount offered %

 b-2 How quickly must you pay to get the discount?

 Number of days days

 b-3 If you do take the discount, how much should you remit?

 Remittance \$

 c-1 If you don’t take the discount, how much interest are you paying implicitly?

 Implicit interest \$

 c-2 How many days’ credit are you receiving?

 Days' credit days

A1) Days until overdue = 90 days A2) Remittance = \$46,200 (440×\$105) B1) Discount offered = 1% B2)... View the full answer

• b3 and c1 ? stumped
• mbagirl2016
• Jul 20, 2016 at 4:16pm
• B3 : - 45,738
• Anitors
• Jul 20, 2016 at 4:20pm
• C1: 462
• Anitors
• Jul 20, 2016 at 4:20pm

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