Business, 30.09.2019 19:30, CreMoye967

Afirm offers terms of 1.6/10, net 60. a. what effective annual interest rate does the firm earn when a customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) effective annual interest rate 12.49 12.49 correct % b. what effective annual interest rate does the firm earn if the terms are changed to 2.6/10, net 60, and the customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) effective annual interest rate 21.20 21.20 correct % c. what effective annual interest rate does the firm earn if the terms are changed to 1.6/10, net 75, and the customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.) effective annual interest rate 9.48 9.48 correct % d. what effective annual interest rate does the firm earn if the terms are changed to 1.6/15, net 60, and the customer does not take the discount? (use 365 days a year. do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e. g., 32.16.)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:30, cesar566

In its 2016 annual report, caterpillar inc. reported the following (in millions): 2016 2015 sales $38,537 $47,011 cost of goods sold 28,309 33,546 as a percentage of sales, did caterpillar's gross profit increase or decrease during 2016? select one: a. gross profit increased from 26.8% to 28.6% b. gross profit decreased from 28.6% to 26.5% c. gross profit increased from 71.4% to 73.2% d. gross profit decreased from 73.2% to 71.4% e. there is not enough information to answer the question.

Answers: 2

continue

Business, 22.06.2019 13:40, allytrujillo20oy0dib

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

Answers: 1

continue

Business, 22.06.2019 18:00, Elephants12

What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand

Answers: 1

continue

Business, 22.06.2019 19:30, jcastronakaya

When it is 4: 00 a. m. in halifax, it is 1: 00 p. m. in karachi, and when it is 9: 00 a. m. in karachi, it is 5: 00 a. m. in warsaw. mary left halifax to fly to karachi, but she accidentally left her watch on warsaw time. according to mary’s watch, she left halifax at 9: 40 p. m. on monday. the local time when she arrived at karachi was 3: 00 p. m. tuesday. how long was mary’s flight? a. 9 hours, 20 minutes b. 13 hours, 20 minutes c. 14 hours, 20 minutes d. 17 hours, 20 minutes

Answers: 1

continue

Do you know the correct answer?

Afirm offers terms of 1.6/10, net 60. a. what effective annual interest rate does the firm earn when...