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Effective Cost of Trade Credit The D.J. Masson Corporation needs to raise $300,000 for 1 year to supply working capital to a new store. Masson

Effective Cost of Trade Credit The D.J. Masson Corporation needs to raise $300,000 for 1 year to supply working capital to a new store. Masson buys from its suppliers on terms of 2/10, net 85, and it ...

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