A firm is offered credit terms of 2/10 net 45 by most of its suppliers but frequently does not have the cash available to take the discount. The firm has a credit line available at a local bank at an interest rate of 12 percent
The firm should ________.
A) give up the cash discount, financing the purchase with the line of credit
B) take the cash discount and pay on the 45th day after the date of sale
C) take the cash discount and pay on the first day of the cash discount period
D) take the cash discount, financing the purchase with the line of credit, the cheaper source of funds
D
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Litigation public relations requires the intelligent use of acceptable, ethical public relations practices, including ________
A) developing a message strategy for use only at the beginning of a case B) advocating for lengthening the time a case is in court C) trying for settlement after the case is decided D) keeping the focus positive and fighting nicely
_______ is NOT a guiding principle of business market management
a. Regard value as the cornerstone b. Focus on business market processes c. Business channel management d. Stress doing business across borders
Reinvestment assumptions are different under each method of ranking capital projects
Indicate whether the statement is true or false
A fundamental difference exists between the breach or nonperformance of a contractual promise and the failure or nonhappening of a condition
a. True b. False Indicate whether the statement is true or false