Business, 14.06.2020 02:57 phuvn5543

Memphis Metro just made a $75,000 purchase from a supplier, subject to the extension of suit-able trade credit terms. Using a discount rate of 7%, calculate the present value of this cash outflow assuming trade credit terms ofa.30 daysb.45 daysc.60 daysd.90 days

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Memphis Metro just made a $75,000 purchase from a supplier, subject to the extension of suit-able tr...

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