Tuesday
March 31, 2015

Homework Help: finance

Posted by james on Tuesday, November 27, 2012 at 12:03am.

The Ault Company made a credit sale of $15,000. The invoice was sent today with the terms, 3/15 net 60. This customer normally pays at the net date. If your opportunity cost of funds is 9% the expected payment is worth how much today?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Business Math - Using the dating method, calculate the discount date and the net...
Math - (Mix and Match) Instructions: choose an item from (a), (b), (c), (d) or (...
accounting - A company purchased merchandise inventory at a cost of $8,500 with ...
business math - Classic Furniture purchases dining room sets with an invoice ...
Math - The Higgins Company sold the Northwest Company some machinery parts. The ...
accounting - A new company called Bloomner construct, buys and sells furniture. ...
Accounting - Hawkeye Electric Company engaged in the following transactions ...
accounting - Question 2.) Hawkeye Electric Company engaged in the following ...
math - City Cellular purchased $28,900 in cell phones on April 25. The terms of ...
Mathematics - An invoice is dated January 24 with terms 2/10 20x. Find the ...

Members