You place an order for 1,800 units of widgets at a unit price of $14.99. The supplier offers terms of 2/10, net 30. If you don't take the discount, how much interest on your order are you paying implicitly? Multiple Choice C O $540.65 $539.64 $519.36 $564.80 $568.33

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter23: Other Topics In Working Capital Management
Section: Chapter Questions
Problem 8MC
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A4)
You place an order for 1,800 units of widgets at a unit price of $14.99. The supplier offers terms of 2/10, net 30. If you don't take the discount,
how much interest on your order are you paying implicitly?
Multiple Choice
C
O
$540.65
$539.64
$519.36
$564.80
$568.33
Transcribed Image Text:You place an order for 1,800 units of widgets at a unit price of $14.99. The supplier offers terms of 2/10, net 30. If you don't take the discount, how much interest on your order are you paying implicitly? Multiple Choice C O $540.65 $539.64 $519.36 $564.80 $568.33
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