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Book Depot inc sells on terms of 3/20, net 80. What is the impllcit cost of trade credit under the terms? Use a 365-day year.
Book Depot inc sells on terms of 3/20, net 80. What is the impllcit cost of trade credit under the terms? Use a 365-day year.
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
