Firms usually offer their customers some form of trade credit. This allowance comes with certain terms of credit, which will affect the actual cost. asset being sold for the buyer and the seller. Consider this case: Green Moose industries buys most of its raw materials from a single supplier. This supplier sells to Green Moose on terms of 3/20, net 60. The cost per peniod of the trade credit extended to Green Moose is (Note: Round all intermediate calculations to four decimai piaces, and your final answer to two decimal places.). Green Mooses trade credit has a nominal annual cost of assuming c365-day year. (Note: Round all intermediate calculations to four decimel places, and your final answer to two decimal places.) If Green Moose industries's suppler shortens its ciscount petiod to five days, this will the cost of the trode creait. 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 cose: Green Moose Industries buys most of its raw materials from a single supplier. This supplier sells to Green Moose on terms of 3/20, net 60. The cost per period of the trade credit extended to Green Moose is (Note: Round all intermediate calculations to four decimal places, and your final answer to two decimal places.). Groen Moose's trade credit has a nominal annual cost of decimal places, and your final answer to two decimal ploces.) If Green Moose industries's supptier shortens its discount period to 3.09%, this will the cost of the trade credit. 4. Cost of trade credit Firms usubily 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: Green Moose industries buys most of its raw moterials from a single supplier. This supplier sells to Green Moose on terms of 3/20, net 60. The cost per penod of the trade credit oxtended to Greer 28 (Note: Round all intermediate calculations to four decimal places, and your final answer to two decimal places.). Green Moose's trade credit has a nominal annual cost of , assuming a 365 -day year, (Note: Round all intermediate calculations to four decimal places, and your ninal answer to two decimal places.) If Green Moose Indugtries's suppler shortens its discount period to five days, this will the cost of the trade credit. Firms usually offer their customers some form of trade credit. This allowance comes with certain terms of credit, which will affect the actual cost o asset being sold for the buyer and the seller. Consider this cose: Green Moose Industries buys most of its raw materials from a single supplier. This supplier sells to Green Moose on terms of 3/20, net 60. The cost per period of the trade credit extended to Green Moose is (Note: Round all intermediate calculations to four decimal places, and your final answer to two decimal places.). Green Moose's trade credit has a nominol annual cost of , assuming a: (Note: Round all intermediate caiculations to four deamal places, and your final answer to two decimal places.) If Green Moose Industries's supplier shortens its discount peniod to five days, this will the cost of the trade credit
