e 'Business Finance(30) ka Suppose you purchase goods on terms of 3/10, net 50. Taking compounding into account, what annual rate of interest is implied by the cash discount? (Assume a year has 365 days.) Answer: s Finance(30) e 'Business Finance(30) RA Suppose you purchase goods on terms of 3/10, net 50. Taking compounding into account, what annual rate of interest is implied by the cash discount? (Assume a year has 365 days.) Answer: ess Finance(30) course Business Finance(30) Ra K A company has forecast sales in the first three months of the year as follows: January, $58000; February, $60000; March, $79000. 94 percent of sales are usually paid for in the month that they take place and 6 percent in the following month. What are the forecasted collections on accounts receivable in March? Martina