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A buyer or $8.500 in merchandise inventory failed to take advantage of the vendor's credit terms of 3/5, 1/4Sand instead paid the invoice in full

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A buyer or $8.500 in merchandise inventory failed to take advantage of the vendor's credit terms of 3/5, 1/4Sand instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the buyer lost the discount of Multi Choice $255 OSAS 5100

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