Business, 07.03.2020 05:35 kingbudd129

Firms usually offer their customers some form of trade credit. This allowance comes with certain terms of credit, which will affect the actual cost of asset being sold for the buyer and the seller. Consider this case:

Green Moose Industries buys most of its raw materials from a single supplier. This supplier sells to Green Moose on terms of 3/10, net 30. The cost per period of the trade extended to Green Moose, rounded to two decimal places, is

3.09%, 3.77%, 2.60%, 3.21%

Green Moose's trade credit has a nominal annual cost of , assuming a 365-day year. (Round all intermediate calculations to four decimal places, and your final answer to two decimal places.)

25.27%, 22.56%, 26.62%, 20.30%

If Green Moose Industries's supplier shortens its discount period to five days, this will ___ the cost of the trade credit.

decrease, increase

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 21:00

Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex.causally ambiguous.path dependent.the result of unique historical conditions.

Answers: 3

Answer

Business, 22.06.2019 12:00

In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of:

Answers: 2

Answer

Business, 22.06.2019 17:20

States that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause. rule of fair treatment due-process policy rule of law employment flexibility employment at will

Answers: 1

Answer

Business, 22.06.2019 21:00

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?

Answers: 2

Answer

You know the right answer?

Firms usually offer their customers some form of trade credit. This allowance comes with certain ter...

Questions

SAT, 19.01.2022 01:50

At point r, rocks melt underground to form magma. Which is another process that contributes to the formation of rock at point r?....