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A inc buys $9.2 million of materials (net of discounts) on terms of 2/10, net 60; and it currently pays after 10 days and takes
A inc buys $9.2 million of materials (net of discounts) on terms of 2/10, net 60; and it currently pays after 10 days and takes the discounts. Adams plans to expand, which will require additional financing. If Adams decides to forgo discounts, how much additional credit could it obtain? Enter your answer as a positive value. Do not round intermediate calculations. Round your answer to the nearest cent. Use a 365-day year.
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