MoJo Corporation purchases goods on credit with terms of 4.5/15, net 40. Which of the following is the annual cost (APR) of the non-free trade credit if the firm pays on Day 40 (i.e., the cost of forgoing the discount)? In your computations, assume there are 360 days in a year.
A. 42.41%
B. 67.85%
C. 0.00%
D. 30.84%
E. 113.09%
Answer: B
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See the account balances for Wolfe Inc On January 31, Wolfe collected $12,000 of its accounts receivable and paid $11,000 on its note payable. In Wolfe's trial balance prepared on January 1, 2016, the total of the credit column is:
a. $182,000 b. $286,000 c. $196,000 d. $166,000
Atronix Solutions is a major manufacturer of electronic measuring devices in the U.S. The company often threatens to terminate its relationship with its intermediaries if they do not agree with its terms and conditions
What channel power does Atronix use? What are its effects?
What would be the result in cell B7?
a) 20.50%
b) 7.50%
c) 17.20%
d) 23.67%
e) #DIV/0!
Compare the habitual decision-making process and the extended problem-solving process. Give an example of when a consumer might use each in the consumer decision-making process
What will be an ideal response?