(Answered) The financial managers of a company would have to be aware

Finance

The financial managers of a company would have to be aware of the suppliers terms, such as a 3% discount if the payment is made within 10 days, or pay the full amount in 30 days. The cost of passing up this discount may be severe. However if the discount is not taken, the store should wait until the last day to pay, as they will be able to stretch the time that they have with the money before paying for the credit.

Is there much value to taking a couple percent off of an invoice compared to "waiting until the last day to pay"? Does it make a difference to the company?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92801749
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Question - campaign organizers for both the republican and

Question - Campaign organizers for both the Republican and Democrat parties are interested in identifying individual undecided voters who would consider voting for their party in an upcoming election. The file Blue Or Re ...

Discuss the core business objectives and the primary focus

Discuss the core business objectives and the primary focus of the financial business model.

A project has an initial cost of 30000 and will produce

A project has an initial cost of $30,000 and will produce cash inflows of 8000 per year for the next five years. In addition, the project will have a salvage value of $2000 at the end of its useful life. Find the net pre ...

Bob millers long-term financial goal is to retire

Bob Miller's long-term financial goal is to retire comfortably in 23 years at age 65. You have conducted a robust risk profile analysis on him and have determined that he is an aggressive investor. Miller insisted on all ...

What is the relation between a corporate bonds expected

What is the relation between a corporate bond's expected return and the yield to maturity? definition of default risk and explanation of how these rates incorporate default risk.

Suppose the annualized yield on a one-year security today

Suppose the annualized yield on a one-year security today is 0.01. The markets expect the annualized yield on a one-year security to be 0.02 one year from today, 0.03 two years from today, and 0.04 three years from today ...

Assignment - write a financial analysis for a us-based

Assignment - Write a financial analysis for a U.S.-based, publicly traded organization. To begin, research the latest two years of financial statements for a publicly traded organization based in the United States. Obtai ...

You have just received a windfall from an investment you

You have just received a windfall from an investment you made in a? friend's business. She will be paying you$37,748 at the end of this? year, $75,496 at the end of next? year, and $113,244 at the end of the year after t ...

1 cornell enterprises is considering a project that has

1) Cornell Enterprises is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's projected NPV can be negative, in which case it will be rejected. WACC: 10. ...

Sam has had the following transactions during the

Sam has had the following transactions during the year: Gambling losses $3,000 New suit for work $500 Tax Preparation Fees $1,000 Investment mgmt fee $2,200 Sam's AGI of $110,000 is broken down as follows: Earned income ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert