Mathematics, 27.12.2019 05:31 gabypinskyb8045
Freeman builders, inc. buys on terms of 2/15, net 30. it does not take discounts, and it typically pays 60 days after the invoice date. net purchases amount to $720,000 per year. what is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year?
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Freeman builders, inc. buys on terms of 2/15, net 30. it does not take discounts, and it typically p...
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