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Connect: Sources of Short-Term Financing. Correct! Toyota should borrow at 7.4% in order to receive the 2,950% annualized discount. Toyota takes an average of 32

Connect: Sources of Short-Term Financing.

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Correct! Toyota should borrow at 7.4% in order to receive the 2,950% annualized discount. Toyota takes an average of 32 days to pay for average daily credit purchases of $661,840. Its average daily sales are $853,774 and it collects accounts in 40 days. Enter a response then click Submit below

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