=+(2) If the firms sales (all on credit) are $40,000,000 and 45% of the customers are expected
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=+(2) If the firm’s sales (all on credit) are $40,000,000 and 45% of the customers are expected to take the discount, by how much will the firm’s annual revenues be reduced as a result of the discount?
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Related Book For 
Principles Of Managerial Finance
ISBN: 9781292261515
15th Global Edition
Authors: Chad J. Zutter, Scott Smart
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