Buskirk construction buys on terms of 2/10 net 60 days. It does not take discounts, and it typically pays on time, 60 days after the invoice date. Net purchases amount to 500000 per year. On average how much free trade credit

$13698.63

Explanation:

Data provided as per the question

Net purchase amount = $500,000

Terms = 2/10 net 60 days

The computation of free trade credit is shown below:-

Cycle purchase per credit = $500,000 × 60 ÷ 365

= $82,191.78

Per credit cycle of free trade

= $82,191.78 × 10 ÷ 60

= $13698.63

Therefore, for computing the per credit cycle of free trade we simply divide days by total number of days multiply by cycle purchase per credit.

i do believe its modular luck

explanation:

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.