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Firms usually offer their customers some form of trade credit. This allowance comes with certain terms of credit which will affect the actual cost of

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Firms usually offer their customers some form of trade credit. This allowance comes with certain terms of credit which will affect the actual cost of asset being sold for the buyer and the seller. Consider this case: Tasty Tuna Corporation buys most of its raw materials from a single supplier. This supplier sells to Tasty Tuna on terms of 1.5/15, net 60

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