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papahomer papahomer
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7 years ago
Calculate the effective cost of the following trade credit terms if the discount is foregone and payment is made on the net due date.
a.   2/15 net 30
b.   2/15 net 45
c.   2/15 net 60
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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David_hessDavid_hess
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7 years ago
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papahomer Author
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7 years ago
Thank you, thank you, thank you!
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Yesterday
Brilliant
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2 hours ago
this is exactly what I needed
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