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mantparn mantparn
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7 years ago
The cost of giving up a cash discount is the implied rate of interest paid in order to delay payment of an account payable for an additional number of days.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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alovelyalovely
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More solutions for this book are available here
1
"It is better to fail in originality than to succeed in imitation."

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mantparn Author
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7 years ago
*Incredible*
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