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lil saint
May 28, 2009, 01:12 AM
I have 2 questions

1. 2/10 NET 90 - I you want to make use of the offer, you will need to take out a 15% loan. Should you take this offer? (show all calculations)

2. What are the calculations to work out Cash to cash cycle?
saniya24
May 28, 2009, 01:51 AM
SAINT,

Sorry i am not getting your question.
lil saint
May 28, 2009, 01:55 AM
We were given

2/10 NET 90 - which means 2% discount if paid in 10days or else it must be paid in 90 days.

Then then they asked us 'I you want to make use of the offer, you will need to take out a 15% loan. Should you take this offer? (show all calculations)'

Im really having a hard time with this one.
saniya24
May 28, 2009, 02:09 AM
Sorry Saint.
I am unable to give you answer becoz i dont hv knowledge about that field.
But i am given u advise dont get upset God helps u.Hv a nice day!!!
lil saint
May 28, 2009, 02:11 AM
I can never get upset over something silly like that. Thanks for trying. I really appreciate it