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Biblioteka

BM427 Cash Discounts Quiz

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Posljednje ažuriranje over 5 years ago
13

Solve each problem. Show all your work in the space provided.

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Pitanje 1
1.

An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. What is the last day to receive the discount?

Pitanje 2
2.

An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. Calculate the net amount if the invoice is paid on date you found in question #1?

Pitanje 3
3.

An invoice dated July 26th has the terms 2/15, n/30, with a 4% penalty for a late payment. The net price of the invoice is $35,000. Calculate the net amount if the invoice is paid on August 30th?

Pitanje 4
4.

An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to receive the 3% discount?

Pitanje 5
5.

An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on the date you found in question #4.

Pitanje 6
6.

An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to receive the 1% discount?

Pitanje 7
7.

An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on the date you found in question #6.

Pitanje 8
8.

An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. What is the last day to pay the invoice without any late fees?

Pitanje 9
9.

An invoice dated January 14th has the terms 3/10, 1/15, n/45, with a 4% penalty for a late payment. The price of the invoice is $210,000. Calculate the net amount if the invoice is paid on March 10th.

Pitanje 10
10.

An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. What is the last day to receive the discount?

Pitanje 11
11.

An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on the date you found in question #10.

Pitanje 12
12.

An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on November 24th.

Pitanje 13
13.

An invoice dated October 26th has the terms 4/10, n/30, with a 6% penalty for a late payment. The net price of the invoice is $78,900. Calculate the net amount if the invoice is paid on December 9th.