Tangshan Mining has extended credit terms of 3/15 net 30 EOM. The cost of giving up the cash discount, assuming payment would be made on the last day of the credit period, is 75.26 percent. If the firm were able to stretch its accounts payable to 60 days without damaging its credit rating, the cost of giving up the cash discount would only be ________.
A) 18.81%
B) 18.25%
C) 21.90%
D) 25.09%
D) 25.09%
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Quick assets include
a. cash, cash equivalents, receivables, prepaid expenses, and inventory b. cash, cash equivalents, receivables, and prepaid expenses c. cash, cash equivalents, receivables, and inventory d. cash, cash equivalents, and receivables
When you have appropriately discerned and reduced your uncertainty about another, you have achieved ______.
A. intercultural adjustment B. attributional confidence C. mindfulness D. effective communication
1. It is rare for people to be interviewed before they are hired
Indicate whether the statement is true or false.
Where is treasury stock reported on a corporation's balance sheet?
A. As a deduction from total stockholders' equity, following retained earnings B. As an addition to total paid-in capital C. As a deduction from retained earnings D. As a deduction from total paid-in capital