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Arnold Buckler is offered credit terms of 2/10 net 45 by most of its suppliers but frequently does not have the cash available to take
Arnold Buckler is offered credit terms of 2/10 net 45 by most of its suppliers but frequently does not have the cash available to take the discount. The firm has a credit line available at a local bank at an interest rate of 12 percent. what should the firm do?
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