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

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Firms usually offer their customers some form of trade credit. This allowance comes with certain terms of credit, which affect the cost of asset of sale for the buyer as well as the seller Consider this case: Cold Duck Manufacturing Inc. buys on terms of 2/10, net 45 from its chief supplier. Cold Duck receives invoice for $1.545.78, what would be the trut price of this invoice? (Note: Round all intermediate calculations to four decirital place, and your answer to two decimal places.) 5121753 $1,8146 $9,136.15 13.640 The last thropolis into four decades, dont were two decimates wing 365-day year. (Noter Round all intermediate Se Cold Duck tapetes that on average Cold Duck will pay its on the days the cost of trade cred by by paying late. (Note: to four dominerte twee

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