4. You run an upscale, fashionable, boutique for pet lovers in Beverly Hills. You need to replenish your inventory with…

4. You run an upscale, fashionable, boutique for pet lovers in Beverly Hills. You need to replenish your inventory with 100 Gucci-brand, jewel encrusted, fleece lined, snakeskin collars for pet iguanas. Your customers have been very late in paying you and therefore your cash flow situation is not very good right now. Basically, you are barely getting by. Your vendor offers the following terms for your inventory purchase: 2/7 net 40. (A) Explain what “2/7 net 40” means. (B) Calculate the interest rate implied by these terms if you do NOT take advantage of the early pay discount and were going to avail yourself of vendor financing. Calculate your answer to 2 decimal places. (C) If you didn’t have the cash to pay early and take the discount but you could take a cash advance from your credit card at 16.9% APR, should you take the temporary cash advance so that you could take the vendor discount? Explain what you should do and why. Assume a 360-day year. You must show your calculations to receive credit.

The Homework Writings
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At thehomeworkwritings.com, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.

Pricing

Flexible Pricing

Our prices are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.

Communication

Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.

Deadlines

Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.

Reviews

Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.