A 2/10, net 30 credit policy: A) is an expensive form of short-term credit if a buyer forgoes the discount. B) provides cheap financing to the buyer for 30 days. C) is an inexpensive means of reducing the seller's collection period if every customer takes the discount. D) tends to have little effect on the seller's collection period. E) tends to increase the seller's investment in receivables as compared to a straight net 30 policy.
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 03:10, samantha636
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
Answers: 3
Business, 22.06.2019 20:40, shaunalab
Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen
Answers: 1
Business, 22.06.2019 22:00, ethanw8973
Which of the following is a function performed by market prices? a. market prices communicate information to buyers and sellers. b. market prices coordinate the decisions of buyers and sellers. c. market prices motivate entrepreneurs to produce those products that are currently most desired relative to their costs of production. d. all of the above are functions performed by market prices.
Answers: 2
You know the right answer?
A 2/10, net 30 credit policy: A) is an expensive form of short-term credit if a buyer forgoes the di...
Questions in other subjects:
Mathematics, 20.04.2021 03:30
English, 20.04.2021 03:30
History, 20.04.2021 03:30
English, 20.04.2021 03:30
