Question: Express amount in rands 1 . 2 . 1 calculate the profit that super stores would make if the account is settled in 1 5
Express amount in rands
calculate the profit that super stores would make if the account is settled in days time.
Should the customer fail to pay the amount due and the account is written off after days how much would be the loss to Super stores?
Information
Super stores intends selling a dishwasher on credit. The selliprice of the dishwasher is R The dishwasher is priced at cost plus Credit terms of net days were agreed upon. The cost of capital is
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