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A company offers credit terms of 2/15, net 60. Based on experience, 60% of all customers will take the discount. What is the companys average
A company offers credit terms of 2/15, net 60. Based on experience, 60% of all customers will take the discount. What is the companys average collection period? (Assume 365 days per year.)
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Handbook Of Consumer Finance Research
Authors: Jing J. Xiao
1st Edition
1441926046, 978-1441926043
