The Owner of Store That Specializes in Birds Ordered $200

question 4

Multiple Choice

The owner of store that specializes in birds ordered $200 of Tropican food from Hagen Avicultural Research Institute. On the invoice dated October 18 that Hagen sent to the store owner was written, "3/10, EOM." If the store owner pays the bill in full on November 12, what amount will she have to pay?

• A)$147.00
• B)$189.00
• C)$203.70
• D)$200.00
• E)$216.30

Understand how the UCC deals with conflicts between express terms of a contract, past course of dealing, and trade usages.

Identify the requirements and implications of anticipatory repudiation and waiver under the UCC.

Learn the role of consideration in modifying or rescinding a contract for the sale of goods.

Distinguish between the obligations of merchants and non-merchants under the UCC.

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Definitions:

IRR

Internal Rate of Return, a financial metric used to assess the profitability of potential investments, measuring the discount rate at which the net present value of costs and benefits equal zero.

WACC

Stands for Weighted Average Cost of Capital, a calculation used to assess the cost of a company’s financing by averaging the cost of its equity and debt, weighted by their proportion in the company’s capital structure.

WACC

Weighted Average Cost of Capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

NPV

Net Present Value is a financial metric that calculates the present value of an investment's expected cash flows minus the initial investment.