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0 Time Left:0:55:18 Daniela Scutaru: Attempt 1 Question 1 (1 point) A firm offers its customers credit terms of 2/10, net 30. Its total annual

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0 Time Left:0:55:18 Daniela Scutaru: Attempt 1 Question 1 (1 point) A firm offers its customers credit terms of 2/10, net 30. Its total annual credit sales are E10m, 60% of which is repaid early so as to avail of the discount. Customers who avail of the discount take 10 days to pay and there are no bad debts associated with them. Customers who do not avail of the discount take 30 days to pay, but the bad debt loss ratio associated with them is 4% of sales. The firm's average trade receivables is closest to: A) E0.512m O B) E0.423m 12 O c) E0.584m 15 OD) E0.477m

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