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4. What are the three principal reasons that organizations keep cash? 12. If you are buying something for $50,000 and are offered terms of 1/10,

4. What are the three principal reasons that organizations keep cash?

12. If you are buying something for $50,000 and are offered terms of 1/10, N/30 should you take the discount if you normally earn a return of 15%on your money? Show your work

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