You place an order for 250 units of inventory at a price of $130 per unit. The supplier offers terms of 1/10 net 30. a) How long do you have to pay before the account is overdue? If you take the full period to pay, how much should you remit? b) What is the discount being offered, in percentage terms? How quickly must you pay, in days, to get the discount? If you do take the discount, how much should you remit? c) If you don't take the discount, how much interest are you paying implicitly, in dollars? How may days' credit are you effectively receiving?

Q: do you have the answer in a different format using equations

A: The present value is the present worth of the amount that will be paid or received in the future.

Q: Explain the characteristics

A:

Q: are we also user of accoutanting, if yes how?

A: Financial Accounting provides various useful information to various user groups which helps them in…

Q: Describe about the LIFO and FIFO method.

A:

Q: briefly explain what is meant by breakven points

A: Cost accounting is the part of accounting that helps in determining the total cost of production. It…

Q: Support your computations with relevant explanations.

A: Certainly! Here's a brief explanation of why certain items were included or excluded when…

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: What does CAPM allow you to calculate?

A: CAPM model is basically the capital asset pricing model which helps us in determining the expected…

Q: Describe the functions and powers of ASIC

A: Australian securities and investment commission is a commission made in 1998 of Australian…

Q: Briefly explain on Salam and Parallel Salam.

A: Salam and Parallel Salam are modes of Islamic financing which are useful for traders and small…

Q: Explain

A: LCNRV method means Lower of cost and net realizable value method.

Q: Give an example of each.

A: Cost standard example: The estimation to regulate the entire direct material cost standard and…

Q: Could you explain without using the excel?

A: The face value of the bond is $1,000. The coupon rate is 2%. The period is 6 years. The interest…

Q: Define NRV method.

A: Definition:   Product costs: The costs incurred to acquire the merchandise, ship the stock, prepare…

Q: Explain an example of internal users.

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: what is an example of data flow diagram, fixed asses system?

A: A data flow diagram (DFD) refers to a graphical representation of a flow of any information or…

Q: Parallel

A: ISTISNA AND PARALLEL ISTINA :

Q: Could someone please explain the DCF model

A: Introduction : Discounted cash flows (also known as discounted cash flows): As discounted cash…

Q: can you show formulas used to solve this problem?

A: The concept of the time value of money determines that the worth of money gets depreciated over a…

Q: Can you please write out the equations

A: Present value of annuity is the current value of the future payments that are calculated using the…

Q: can you do the spreedsheet solution of this?

A:

Q: Write out the equation for the CML and explain its meaning.

A: After the investment in different securities, portfolio is prepared which describe the overall…

Q: What is the full form of ERP? Explain ERP with examples?

A: ERP means Enterprise Resource Planning, it is a process management software used by organizations to…

Q: Can you explain DCF model?

A: Introduction Discounted cash flows: DCF is abbreviated as discounted cash flows. The concept of…

Q: Can you include the explanation and computation please

A: Journal entries refers to the entries which are made at the end of the period or year and it records…

Q: Explain an example of source documents.

A: Source documents: The documents which contain evidence of accounting data to record the transactions…

Q: Define SML equation

A: Introduction: Security market line is the diagrammatic depiction of capital asset pricing model to…

Q: Can you please do this problem using an equation.

A: Compound interest is nothing but interest on interest. That means interest is calculated on the…

Q: explain using the IRAC model.

A: IRAC model refers to Issue, Rule, Application as well as conclusion which is considered as an…

Q: Describe the features of JIT.

A:

Q: Describe EOQ decision model.

A: Economic order quantity (EOOJ: Economic order quantity is ideal order quantity that the company…

Q: please explain the answer B

A: In the net realizable value method, joint costs are allocated based on the total final sales value…

Q: Define writing an option

A: Options refer to a contract that gives its buyer the right and not the obligation to buy or sell an…

Q: Kindly use PMT in your computations

A: Loan amount “PV” = 60000 Origination fees = 3%*60000 = 1800 Net loan amount = 60000-1800=58200 Time…

Q: Describe about the concept of COGS.

A: Cost of goods sold (COGS): Cost of goods sold is the accumulate amount of all direct cost incurred…

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.