Mathematics, 21.08.2021 01:20 amunnik04
A buyer of $7,400 in merchandise inventory failed to take advantage of the vendor's credit terms of 2/15, n/45, and instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of:
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A buyer of $7,400 in merchandise inventory failed to take advantage of the vendor's credit terms of...
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