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If credit terms of "2/10, net 40" are offered, the approximate cost of not taking the discount and paying at the end of the credit period would be

closest to which of the following? (Assume a365-day year.)

 

18.6%

 

24.3%

 

24.8%

 

30.0%

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Question ajoutée par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date de publication: 2015/03/31

[2 / (100-2)]*[355 / (40-10)] =248 or24.8%

 

 

 

Ahmed kandil
par Ahmed kandil , Cost Controller , Battour Holding Cpompany

(2 ÷98%) × (365 ÷30 ) =24.83 %

I agree with the expert answers of option (C) %24.83

Emad Mohammed said abdalla
par Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>> The answer will be24.8%

 

MUHAMMED HARIS MI
par MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

My answer is Option C ie-24.83%>>>>>>>>>>>>>>>>>>>

 

Agreed to majority

Thanks-----------

Alex Al Yazouri
par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

I agree with experts on24.8%

Nasir Hussain
par Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

The most appropriate answer is 24.8%

Wasi Rahman Sheikh
par Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Well answer add by All <<<<<<<<<<<<<<<

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