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B. Your supplier has offered your company credit terms of 2/10, net 30. Calculate the cost of the trade credit if your firm does not

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B. Your supplier has offered your company credit terms of 2/10, net 30. Calculate the cost of the trade credit if your firm does not take the discount and pays in 30 days. What is the effective annual cost of trade credit if your company pays instead in 40 days

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