You place an order for 2,200 units of Good X at a unit price of $59. The
Question:
You place an order for 2,200 units of Good X at a unit price of $59. The supplier offers terms of 2/15, net 45.
a-1.How long do you have to pay before the account is overdue?a-2.If you take the full period, how much should you remit?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)b-1.What is the discount being offered?(Enter your answer as a percent.)b-2.How quickly must you pay to get the discount?b-3.If you do take the discount, howmuch should you remit?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)c-1.If you don't take the discount, how much interest are you paying implicitly?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)c-2.How many days' credit are you receiving?(Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
a-1.Number of days ____ days
a-2.Remittance _______
b-1.Discount rate ____ %
b-2.Number of days ____ days
b-3.Remittance _____
c-1.Implicit interest _____
c-2.Days' credit ____ days