 | John Groesbeck - 1891 - 426 pages
...same time. Rule. — Multiply each amount by its term of credit, and divide the sum of the several products by the sum of the debts ; the quotient will be the average term of credit. EXAMPLE. 1. A merchant purchases goods, January 6th, amounting to $900 : $300... | |
 | William James Milne - Arithmetic - 1892 - 440 pages
...which is 2 months, the average term of credit. RULE. — Multiply each debt by its term of credit, and divide the sum, of the products by the sum of the debts. The quotient will be the average term of credit. 2. The HB Clafliu Co. sold a bill of goods amounting to $ 2300, on the following... | |
 | Pettingill, firm, newspaper advertising agents - Advertising - 1892 - 514 pages
...is 184. RULE. — Multiply the amount of each debt by the time in which it is payable (in days), and divide the sum of the products by the sum of the debts. EXAMPLE. — Bought on three months' time. This is equated time of payment. Add one day if February... | |
 | George Edward Atwood - Arithmetic - 1894 - 396 pages
...days from the focal date to the maturity of each debt. Multiply each debt by its number of days, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit from the focal date. Add the average term of credit to the focal date, and the... | |
 | John Henry Walsh - Mathematics - 1895 - 402 pages
...each debt by the number of days between the standard date and the date when the debt becomes due, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit from the standard date. Add the average term of credit to the standard date,... | |
 | John Henry Walsh - 1896 - 282 pages
...each debt by the number of days between the standard date and the date when the debt becomes due, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit from the standard date. Add the average term of credit to the standard date,... | |
 | Edward Brooks - Arithmetic - 1895 - 424 pages
...debt becomes due, and multiply each debt by its term of credit reckoned from the date selected. II. Divide the sum of the products by the sum of the debts, and the quotient will be the average term of credit, estimated from the date selected. When the earliest... | |
 | George Albert Wentworth - Arithmetic - 1896 - 490 pages
...Multiply each of the other debts by the number of days from the, standard date that it becomes due and divide the sum of the products by the sum of the debts. The quotient is the number of days that must be added to the standard date to find the average time of the payments.... | |
 | John Henry Walsh - Arithmetic - 1895 - 138 pages
...Credit begin at the Same Date. RULE. — Multiply each debt by its term of credit, and d1vide the sum of the products by the sum of the debts. The quotient will be the average term of credit. Add the average term of credit to the date of the debts, and the result will... | |
 | Charles Edward White - Arithmetic - 1897 - 312 pages
...these as a standard date, reckon the time to each of the others. Multiply each debt by its time, and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit, which add to the standard date to find the average time. 2. Four notes are... | |
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Multiply each debt by its term of credit and divide the sum of the products by the sum of the debts. The quotient will be the average term of credit. 
