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betterway betterway
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7 years ago
If a firm decides to take the cash discount that is offered on goods purchased on credit, the firm should ________.
A) pay as soon as possible
B) pay on the last day of the credit period
C) not take the discount no matter when the firm actually pays
D) pay on or before the last day of the discount period
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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