Development Buys on Terms of 2/15, Net 60 Days

question 109

Multiple Choice

Development buys on terms of 2/15, net 60 days.It does not take discounts, and it typically pays on time, 60 days after the invoice date.Net purchases amount to $550,000 per year.On average, what is the dollar amount of total trade credit (costly + free) the firm receives during the year, i.e., what are its average accounts payable? (Assume a 365-day year, and note that purchases are net of discounts.)

• A)$ 90,411
• B)$ 94,932
• C)$ 99,678
• D)$104,662
• E)$109,895

Analyze the motivations and self-perceptions of perpetrators of sexual assault.

Distinguish between consensual sex and rape in various scenarios.

Identify coping strategies and improvements in victims of sexual assault over time.

Understand the role and application of the modified SAD PERSONS scale in assessing suicide potential.

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Definitions:

Supply Chain Management

The coordinated management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage.

Independent Channels

Distribution channels operated by entities that are not directly controlled by the product manufacturer, allowing for a wider market reach.

Supply Chain Management

The management of goods, data, and money as they travel from the supplier to the manufacturer, then to the wholesaler, retailer, and finally to the consumer.

Supply and Demand

Economic principles that describe the relationship between the availability of a good and the desire for that good, affecting its price.