Suppose the Credit Terms Offered to Your Firm by Its

question 71

Multiple Choice

Suppose the credit terms offered to your firm by its suppliers are 2/10,net 30 days.Your firm is not taking discounts,but is paying after 22 days instead of Day 30.You point out that the nominal cost of not taking the discount and paying on Day 30 is approximately 37%.But since your firm is neither taking discounts nor paying on the due date,what is the effective annual percentage cost (not the nominal cost) of its costly trade credit,using a 365-day year?

• A) 88.3%
• B) 70.4%
• C) 77.2%
• D) 78.9%
• E) 84.9%

Recognize common accidents and their increase during puberty.

Comprehend the sequence and signs of physical developmental changes in adolescence.

Identify factors contributing to dietary deficiencies in adolescents.

Differentiate between male and female physical development during adolescence.

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Definitions:

Good Communication

The effective and clear exchange of information, ideas, or feelings between individuals or groups, which facilitates understanding and cooperation.

Suggestion Systems

Formal processes implemented within organizations to invite, evaluate, and implement recommendations from employees aimed at improving operations.

Upward Communication

The process of information flow from the lower levels of a hierarchy to the higher levels, primarily involving feedback, suggestions, complaints, or reports from employees to management.

Downward Communication

The flow of information and messages from higher levels of an organization's hierarchy to the lower levels.