You place an order for 2 100 units of Good X at a unit price

Last updated: 3/7/2023

You place an order for 2 100 units of Good X at a unit price of 58 The supplier offers terms of 1 30 net 35 a 1 How long do you have to pay before the account is overdue a 2 If you take the full period how much should you remit Do not round intermediate calculations and round your answer to the nearest whole number e g 32 b 1 What is the discount being offered Enter your answer as a percent b 2 How quickly must you pay to get the discount b 3 If you do take the discount how much should you remit Do not round intermediate calculations and round your answer to the nearest whole number e g 32 c 1 If you don t take the discount how much interest are you paying implicitly Do not round intermediate calculations and round your answer to the nearest whole number e g 32 c 2 How many days credit are you receiving Do not round intermediate calculations and round your answer to the nearest whole number e g 32 a 1 Number of days a 2 Remittance b 1 Discount rate b 2 Number of days b 3 Remittance c 1 Implicit interest c 2 Days credit days days days