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All of Pershing Electronics' customers take their discount from their credit terms of 2/10 net 30 days. If they invoiced $500,000 over the last quarter,
All of Pershing Electronics' customers take their discount from their credit terms of 2/10 net 30 days. If they invoiced $500,000 over the last quarter, how much did their customers save by prompt payment? What was Sales Revenue on the Income Statement for the quarter
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Basic Finance An Introduction To Financial Institutions Investments And Management
Authors: Herbert B. Mayo, Michael J Lavelle
13th Edition
0357714741, 978-0357714744
