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Cost of giving up cash discounts Determine the cost of giving up cash discounts under the following terms of sale:2/10 net 30. (Note: Assume a

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Cost of giving up cash discounts Determine the cost of giving up cash discounts under the following terms of sale:2/10 net 30. (Note: Assume a 365-day year.) --- The cost of giving up the cash discount is %. (Round to two decimal places.)

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