Problem A DEF has total forecasted gross purchases of P4,500,000 relating to a major supplier for the coming year. The supplier is offering a credit term of 3/15, n/45. How much is the simple annual effective cost of paying on the 45th day?

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A: Working note:

Q: A. DEF has total forecasted gross purchases of P4,500,000 relating to a major supplier for the…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

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A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

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A: The calculation is:

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A: Hi, there, Thanks for posting the question. As per our Q&A honour code, we must answer the first…

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A: The answer is stated below:

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A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

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Q: Calculate the company’s cash outlays by completing the following:

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Q: A firm is offered trade credit terms of 3/15, net 45 days. The firm does not take the discount, and…

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Q: A. DEF has total forecasted gross purchases of P4,500,000 relating to a major supplier for the…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…