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Correct! Toyota should borrow at 7.8% in order to receive the 3,390% annualized discount. Toyota takes an average of 33 days to pay for
Correct! Toyota should borrow at 7.8% in order to receive the 3,390% annualized discount. Toyota takes an average of 33 days to pay for average daily credit purchases of $686,560. Its average daily sales are $885,662 and it collects accounts in 43 days. What is their net credit position? Enter a response then click Submit below $ 0
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
