problem 3

Problem 2. Go to page 133, Brayden's Bobbles, calculate the Receivable Tum, Average Days Sales Outstanding, Inventory Turn and the Average Days Sales in Inventory. (Remember Inventory turn was way in the beginning). Problem 3 Buddy will sell you some carpet. $20,000. No money down and only 1% interest per year for two years. (You send him the 1% at the end of each year). At the end of the 2nd year, you send him the $20,000 along with the interest. If you borrowed from the bank you would have to pay 12%-a heck of a deal... or is it? (How much are you really paying for the carpet?) Problem 2. Go to page 133, Brayden's Bobbles, calculate the Receivable Tum, Average Days Sales Outstanding, Inventory Turn and the Average Days Sales in Inventory. (Remember Inventory turn was way in the beginning). Problem 3 Buddy will sell you some carpet. $20,000. No money down and only 1% interest per year for two years. (You send him the 1% at the end of each year). At the end of the 2nd year, you send him the $20,000 along with the interest. If you borrowed from the bank you would have to pay 12%-a heck of a deal... or is it? (How much are you really paying for the carpet?)