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BestCare, Inc., buys $500,000 in medical supplies a year from a supplier that offers terms of 2/15, net 45. What is the amount of free
BestCare, Inc., buys $500,000 in medical supplies a year from a supplier that offers terms of 2/15, net 45. What is the amount of free trade credit that the supplier offers? Assume 360 days per year.
a. $20,416.67
b. $40,833.33
c. $10,235.22
d. $25,000.35
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