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betterway betterway
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7 years ago
A firm should take the cash discount if the firm's cost of borrowing from the bank is greater than the cost of giving up a cash discount.
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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betterway Author
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7 years ago
Smart ... Thanks!
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This calls for a celebration Person Raising Both Hands in Celebration
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You make an excellent tutor!
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