Why Cash in Advance payment we can provide a 5% discount vs. setting up payment via Letter

Fantastic news! We've Found the answer you've been seeking!

Question:

Why Cash in Advance payment we can provide a 5% discount vs. setting up payment via Letter of Credit which would require additional cost in bank fees?

Posted Date: May 18, 2024 11:02 AM

See More Questions

Assume you are offered a lease for a car with $227 monthly payments for 36 months after a $2,540 up front (down) payment. The alternative is that you can buy the car for $31,000 and make a $3,200...
Refer to information in QS 9-7. Assume a target income of 12% of average invested assets. Compute residual income for each of Best Buys divisions.
Suppose that the return R (in dollars per share) of a stock has the uniform distribution on the interval [3, 7]. Suppose also, that each share of the stock costs $1.50. Let Y be the net return (total...
Use of slurry adsorbents has received some industrial attention because it allows for countercurrent movement of the solid and fluid phases. Your manager wants you to design a slurry adsorbent system...
Identify several industries that have highly variable demand patterns. Explore how they adjust capacity.
Amazon has become a powerhouse. Has any other company been able to stand up to its assault?
1. What ways can the World Tourism Organization influence, assist, and enhance local community-based tourism? We did not speak about the WTO in class. Please google this organization. Describe the...
As it relates to productive resource deployment within a society, define the difference between a socialistic and a capitalistic method of making these determinations.
Simplify 1 14 1 4x 2x 1 5 3y 6y
Solve for x. log 3(2x-6)=1 Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. The solution is x = (Type an exact answer in simplified form. Use a...
Several health care advocacy groups are pushing to mandate higher staffing levels in assisted living facilities. What would be the impact on the labor market for care givers in assisted living...
A paragraph with the following topical sentence: "Aquinas's discussion of commercial fraud is concerned with sin not efficiency." St. Thomas Aquinas, "On Fraud Committed in Buying and Selling,"...
Krgsmann AG has a plant that manufactures transistor radios. The production time is only a few minutes per unit. The company uses a just-in-time production system and a backflush costing system with...
Outline some of the major problems confronting an international advertiser.
Discuss why people respond predictably to changes in incentives.
Explain how markets can improve economic efficiency.
Describe why specialization and trade are so important to economic growth.

Why Cash in Advance payment we can provide a 5% discount vs. setting up payment via Letter

Question:

Expert Answer:

Students also viewed these general management questions