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CyberAge outlet, a relatively new store, is a cafe that offers customers the opportunity to browse the
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the amount of time spent signed on to the computer. The store also sells books, tee shirts, and computer
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all supplier discounts. Shown below are data on CyberAge's two major vendors, including average
monthly purchases and credit terms.
Assuming a 360-day year and that CyberAge continues paying on the last day of the credit period, the
company's weighted annual interest rate for trade credit (ignoring the effects of compounding) for these
two vendors is:
A. 27.0 percent.
B. 29.3 percent.
C. 30.2 percent.
D. 28.0 percent.
Answer: D
Explanation:
Choice "b" is correct. 28% weighted annual interest rate.
This question pertains to a complex computation of effective rates on lost discounts for multiple terms and
multiple balances. The computation of the annual percentage cost of the lost discount is equal to the
effective rate of interest for the period (for example 2/10, net 30 is 2% interest charge/ 98% proceeds)
times the number of times this period occurs in a year (for example 2/10, net 20 is 360 days per year
divided by 20 day period during which the lost discount is used or 18 times).
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relative balances of the outstanding payables as follows:
NEW QUESTION: 2
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RFC 1918のアドレス空間を定義した理由は2つあります（2つ選択）
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C. パブリックIPv6アドレス空間を保持するため
D. NATプロトコルをサポートします
E. パブリックIPv4アドレス空間を保持するため
Answer: B,D
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