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Business, 16.06.2021 21:40 rodriguezzamyy

A firm is offered credit terms of 2/10 net 45 by most of its suppliers. The firm also has a credit line available at a local bank at an interest rate of 12 percent. What is the cost of giving up the cash discount

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A firm is offered credit terms of 2/10 net 45 by most of its suppliers. The firm also has a credit l...
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