Item$8$

$7$

points

Time Remaining $3$ hours $22$ minutes $56$ seconds$03$:$22$:$56$

eBookHintPrintReferencesCheck my workCheck My Work button is now disabledItem $8$

Time Remaining $3$ hours $22$ minutes $56$ seconds$03$:$22$:$56$

You place an order for $550$ units of inventory at a unit price of $$190.$ The supplier offers terms of $3/15,$ net $90.$

a$-1$

How long do you have to pay before the account is overdue?

Days until overdue

days

a$-2$

If you take the full period, how much should you remit?

Remittance $

b$-1$

What is the discount being offered?

Discount offered

$\%$

b$-2$

How quickly must you pay to get the discount?

Number of days

days

b$-3$

If you do take the discount, how much should you remit?

Remittance $

c$-1$

If you don$$t take the discount, how much interest are you paying implicitly?

Implicit interest $

c$-2$

How many days$$ credit are you receiving?

Days' credit

days