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Creole Inc. opened its business in January 2016. To kick off its operations, the company ordered and purchased raw materials from its local suppliers Php
Creole Inc. opened its business in January 2016. To kick off its operations, the company ordered and purchased raw materials from its local suppliers Php 1,200,000 with terms 4/10, n/40. What is the annualized cost of not taking the discount and just paying the invoice at its due date?
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