Final Answer:
The buyer lost a cash discount of $140 by not taking advantage of the vendor's credit terms.
Explanation:
The vendor's credit terms, 2/15, n/45, indicate that the buyer can take a 2% cash discount if the payment is made within 15 days. In this case, the buyer failed to take advantage of the discount and paid the invoice in full after 45 days. To calculate the discount lost, we can find 2% of the purchase amount, which is $7,000.
2% of $7,000 = 0.02 * $7,000 = $140.
Therefore, the buyer lost a cash discount of $140 by not paying within the 15-day discount period.
The buyer's failure to avail the vendor's credit terms of 2/15, n/45, meant missing out on a 2% cash discount that could have been applied if the invoice was settled within 15 days. As a result, the buyer ended up paying the full invoice amount after 45 days, forfeiting the opportunity to save $140, which was the value of the cash discount.
This discount represents a cost-saving incentive for prompt payments and is a crucial aspect of managing cash flow efficiently in business transactions.
Learn more about Vendor's credit terms
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Situation: A counseling program at a large local high school seeks to help students cope with loss, divorce, or death. The program currently advertises optional group meetings open to everyone. At these meetings, students are asked to stand up in front of the group and talk about their experiences. The coordinator of the program observes that attendance is very low, and that students are reluctant to say much when asked. The coordinator asks you to investigate the situation.
Answer:
It is hard to talk about loss, divorce, or death. i should know. I lost my best friend Moonstone when she was just 2 oh excuse me. moonstone was my horse iolites foal. if you are really interessted in her, you can go to pinterest and search petsworld. go down. shes the little brown foal next to Sapphire. hes my current horse.
Explanation:
B. Serial
C. USB
D. Ethernet
B. Alt+F8
C. Ctrl+F8
D. Ctrl+F7
Answer:
Alt +F8
Explanation:
edge 2022
Answer: Virtualization
Explanation:
Virtualization software is the software application that has the ability to execute many operating system on one computer or server at the same time. It helps in gaining more output in the form of higher number of processing on the same hardware.