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1.Calculate the cost of taking the trade discount for the following terms: 2/10 net 45, 5/10 net 60 and 1/10 net 45. 2.What are some

1.Calculate the cost of taking the trade discount for the following terms: 2/10 net 45, 5/10 net 60 and 1/10 net 45.

2.What are some reasons to take or not to take the trade discount?

3. How would a company know if they had idle cash?

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