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6. Howes Inc. purchases $4,562,500 in goods per year from its sole supplier on terms of 1/10, net 40. The firm actually pays on day

6. Howes Inc. purchases $4,562,500 in goods per year from its sole supplier on terms of 1/10, net 40. The firm actually pays on day 42. If the firm receives a bank offer of 12% with monthly compound...

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