Calculate the nominal annual cost of nonfree trade credit under each of the following terms. assume payment is made either on the due date or on the discount date. assume 365 days in year for your calculations. do not round intermediate calculations.

1/15, net 30. round your answer to two decimal places.
%

2/10, net 60. round your answer to two decimal places.
%

3/10, net 50. round your answer to two decimal places.
%

2/10, net 50. round your answer to two decimal places.
%

2/15, net 40. round your answer to two decimal places.
%

Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?

James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:

Why does the downward-sloping production possibilities curve imply that factors of production are scarce?