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Title: A firm buys on terms of 3/15, net 45 days. It does not take the discount, and it generally pays ... Post by: abdallaex on Aug 20, 2023 A firm buys on terms of 3/15, net 45 days. It does not take the discount, and it generally pays after 65 days. What is the nominal annual cost of its non-free trade credit, based on a 365-day year? ▸ 22.58% ▸ 23.71% ▸ 24.89% ▸ 26.14% Title: Re: A firm buys on terms of 3/15, net 45 days. It does not take the discount, and it generally pays ... Post by: paris.chen on Aug 20, 2023 Content hidden
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