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COSt OF traDe CreDIt aND BaNK LOaN Lancaster Lumber buys $8 million of materials (net of discounts) on terms of 3/5, net 55, and it

COSt OF traDe CreDIt aND BaNK LOaN Lancaster Lumber buys $8 million of materials (net of discounts) on terms of 3/5, net 55, and it currently pays on the 5th day and takes discounts. Lancaster plans...

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