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4 Roton Inc. purchases merchandise on terms of 2/15, net 60, and its gross purchases (i.e., purchases before taking off the discount) are $575,000
4 Roton Inc. purchases merchandise on terms of 2/15, net 60, and its gross purchases (i.e., purchases before taking off the discount) are $575,000 per year. What is the maximum dollar amount of costly trade credit the firm could get, assuming it abides by the supplier's credit terms? (Assume a 365-day year.) Do not round intermediate calculations. Oa. $69,936 b. $67,620 $72,308 d. $70,890 $69 473 Hide Feedback Incorrect
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