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14. What is the effective annual cost of not taking advantage of the 2/10, net 60 terms offered by a supplier? Assume a 360 day
14. What is the effective annual cost of not taking advantage of the 2/10, net 60 terms offered by a supplier? Assume a 360 day year. a. 7.27% b.982% c. 12.38% d. 14.69% 15. The trade-off in risk and return when managing a firm's working capital refers to the trade-off between the firm's: a. liquidity and profitability b. debt and equity c. sales and cost of goods sold d. beta and expected return
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