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AR management: McDowell industries sells on terms of 3/10, net 30 . a. What is the cost of trade credit for customers who take the

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AR management: McDowell industries sells on terms of 3/10, net 30 . a. What is the cost of trade credit for customers who take the discount and pay on day 10 ? b. What is the cost of trade credit for customers who do not take the discount and pay on due date? (both APR and EAR)

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